The Trade Negotiations Department is scheduled to hold public hearings nationwide to hear from all stakeholders throughout October and November, aiming to revive long-delayed trade talks between Thailand and the EU. Auramon Supthaweethum, the department’s director-general, said hearings were set for Oct 10 in Chon Buri for the East, Oct 22 in Chiang Mai for […]
Read MoreThe Digital Economy and Society (DES) Ministry’s demand that all cafes store data passing through their WiFi connections has drawn flak from shop owners, especially small-scale operators, who said the measure would impose a financial burden on them, including server expense. Digital Economy and Society Minister Buddhipongse Punnakanta said on Tuesday that coffee shops must keep the […]
Read MoreThe Thai retailing giant Big C has opened its first supermarket in Cambodia. Big C Poipet had its soft opening on Saturday, the company announced on its Facebook page. “A soft opening for the Poipet Hypermarket was held under our vision to be the leading Thai retailer with customers at heart,” the announcement read. The […]
Read MoreTHAILAND’S office landlords have seen strong growth in the co-working market, with “manageable exposure” to struggling operator WeWork, according to a recent report from DBS analyst Chanpen Sirithanarattanakul. This is even as the management reshuffle and failed listing at WeWork sparked concern about global landlords’ exposure to the troubled co-working operator – including in Singapore […]
Read MoreThai commercial banks were rated fully compliant by the Financial Sector Assessment Programme (FSAP), jointly conducted by the World Bank and the IMF, but the multilateral lenders pointed out that household debt, specialised financial institutions (SFIs) and cooperatives still need to improve. Under FSAP’s Basel Core Principles for Effective Banking Supervision (BCP) for 2018-19, Thai […]
Read MoreEven though property developers have asked for a relaxation of loan-to-value (LTV) regulations, the Bank of Thailand sees no need to do so. The central bank has closely monitored the market for both housing loans and speculative behaviour, and additional relaxation is not needed as mortgage co-signers are no longer required to comply with the […]
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