The EU ambassador to Thailand said he was “optimistic” the long-delayed free trade agreement (FTA) negotiations will continue between Thailand and the EU at the 7th annual EU-Asean Business Summit in Bangkok. “Development in Asean must start first with the group’s top countries, Singapore and Vietnam, and following Thailand’s, I hope we will be able […]
Read MoreThe Thailand Bond Market Association (ThaiBMA) plans to issue cryptocurrency to facilitate bond trading, making it less costly and more convenient, said the association’s president Tada Phutthitada. There are three steps leading to cryptocurrency use in bond trading – first, the ThaiBMA will apply blockchain or distributed ledger technology (DLT) for the registration of bonds. […]
Read MoreThe sales rate for new condos launched in Bangkok in the second quarter fell to historic lows as loan-to-value (LTV) limits, a weak economy and stronger baht dampened demand, according to property consultant Knight Frank Thailand. Risinee Sarikaputra, director of research, said the sales rate for new condo supply in the second quarter — 15.7% […]
Read MoreData-driven performance marketing company, Heroleads, recently released a report on Southeast Asia and Thailand’s digital transformation that also forecast the most influential trends likely to impact local and international businesses across Thailand in the coming years. Heroleads highlighted the growth of mobile ad spending, which accounts for over 51 per cent of the total digital […]
Read MoreThe Tourism and Sports Ministry has decided to delay plans to collect a tourism levy from foreign visitors. Last Wednesday, permanent tourism secretary Chote Trachu said the levy could result in psychological deterrence among foreign visitors and further harm the stagnant sector. In May, Mr Chote announced that the ministry had studied the feasibility of […]
Read MoreA special agreement for Myanmar to export maize to Thailand has ended, the government announced recently. The deal was initially signed last year after China imposed restrictions on its imports of maize. In search of new markets for its maize, Myanmar negotiated a deal with Thailand. “The timeframe for the exports of Myanmar maize to […]
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