The incoming government should come up with a Bt20-billion package of economic stimulus measures in the second half of 2019, according to Siam Commercial Bank’s Economic Intelligence Centre (EIC). “In the latter half of 2018, the government allocated Bt18 billion to stimulate the economy. We expect the incoming government to at least match last year’s […]
Read MoreA recent survey shows that there will be as many as 1.9 billion 5G subscribers globally in the next five years, and that in Thailand the technology will also be applied in the business world. Wuttichai Wutti-Udomlert, head of network solutions at Ericsson Thailand, said the 5G network was laid down in South Korea earlier […]
Read MoreThailand is set to ban the import of personal used cars, effective from Dec 10, in a bid to stop smuggling and curb pollution. Each importer must proceed with import plans under existing rules until Dec 9. For any import violations after Dec 10, the Customs Department will have the right to seize and destroy […]
Read MoreThe Federation of Thai Industries (FTI) says the US-China trade war is hurting exports of electronics and components after overall shipments of these products fell by 11.3% year-on-year to 347 billion baht during the January-April period. Gritsada Suptuaychone, vice-chairman of the FTI’s electrical, electronics, telecom and allied industries club, said China cut purchase orders from […]
Read MoreBANGKOK: Thailand is set to increase minimum wages for a second straight year as it looks to attract workers amid an aging population and shortage of labor in key industries. A subcommittee to decide on the extent of increase will meet in the next one to two months to assess the revision based on the […]
Read More[SINGAPORE] Ride-hailing giant Go-Jek has secured an investment from Siam Commercial Bank, the Thai lender that counts King Maha Vajiralongkorn as its biggest shareholder, according to people familiar with the matter. It’s unclear how much Thailand’s biggest bank is investing in Go-Jek, the people said, who asked not to be identified because the matter is […]
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Thailand
