Rosegold, a market leader in health and beauty supplements, visited Cambodia this week as it considers its next overseas venture. The company, which is based in Thailand, first expanded its products into Laos in 2020, and is also in discussion with potential partners in Hanoi to introduce Rosegold products to the Vietnamese market. Ms Thunrawee Ruengraweethitikorn, Director […]
Read MoreThe Energy Regulatory Commission (ERC) has decided to maintain the power tariff at 4.72 baht per kilowatt-hour (unit), keeping electricity bills for households unchanged for the first four months next year, but it plans to increase the tariff imposed on businesses. Although the decision will help people deal with high living costs, Isares Rattanadilok Na Phuket, […]
Read MoreVisa, the global provider of digital payments, has implemented a series of new payment security measures in Thailand to help fight cybercrime, protect the payments ecosystem, and keep consumers and businesses safe. The new security measures are part of Visa’s updated “Security Roadmap for Thailand”, which is designed to provide enhanced protection for transactions made online and […]
Read MoreUnemployment declined thanks to increased economic activity and a rebound in tourism. However, household debt increased, albeit at a slower pace, while total loan quality improved. The National Economic and Social Development Council (NESDC) reported on Wednesday unemployment in the third quarter tallied 491,400, representing 1.23% of the total workforce, declining from 546,600 or 1.37% of […]
Read MoreOutbound tourism from China is expected to restart during the Chinese New Year in late January 2023 as Beijing gradually lifts Covid-19 restrictions, aiding tourism-related stocks and the overall travel sector in Thailand, say industry operators. Speaking at an event on Wednesday hosted by the Federation of Thai Capital Market Organizations (Fetco), Tourism Authority of Thailand […]
Read MoreThe growth of business-to-consumer (B2C) e-commerce is expected to soften to 4-6% in 2023, the slowest rise in three years, caused by market saturation in the wake of the pandemic coupled with high inflation, says Kasikorn Research Center (K-Research). According to a report by K-Research, the market value of B2C e-commerce is expected to reach between […]
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