Exports are set to experience the biggest drop of the year this quarter, marred by rising Sino-US trade tensions and relocation in the global supply chain, says a KTB economist. “Every country has been reeling from the effects of the trade war, resulting in lower imports and investment,” said Jitipol Puksamatanan, chief market strategist of […]
Read MoreThe Bangkok Metropolitan Administration (BMA) is likely to postpone the new garbage collection fee for another year, in a bid perceived as populist appeasement. The Bangkok Council on Wednesday gave initial approval to a proposal tabled by Bangkok governor Aswin Kwanmuang asking that the new fee should be put off for another year. Governor Aswin […]
Read MoreThe Finance Ministry is looking at amending e-commerce laws to increase business opportunities for local and foreign investors looking to invest in the e-commerce industry. “Thailand will pursue greater connectivity economically in the Asean region through public-private partnership infrastructure projects and strive to become the central economic, transportation and innovation hub of the region,” said […]
Read MoreMyanmar is participating in regional connectivity initiatives in efforts to improve bilateral ties with its neighbours and promote investment and trade. Myanmar has implemented a number of significant reforms in the economic, political and social spheres aimed at creating new opportunities for investors, which includes those from Thailand, State Counsellor Daw Aung San Suu Kyi […]
Read MoreCommercial affairs officials in overseas offices have been told to adjust the way they work to function more as honorary salesmen in cooperation with the private sector to help tackle export obstacles to drive shipment growth this year. Speaking at a dinner talk on the “Thai Economic Strategy Under the New Government” organised by the […]
Read MoreMeasures recently launched by the Bank of Thailand to stem speculative capital inflows have reduced hot money in the system, says a senior central bank official. After the central bank applied the measures to curb such inflows in July, foreign investors allocated their portfolio assets more cautiously for fear that policymakers would impose additional measures, […]
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