CNN Travel in March ranked Thailand eighth out of the top 10 countries offering the best food, with several Thai dishes among the international fare recommended for travellers. Such showings have raised the profile of Thai cuisine worldwide and given a strong boost to Thai tourism and the local food industry. In March, the fame […]
Read MoreThe Commerce Ministry has revised downwards the country’s inflation this year, going from early estimates of between 0.7 per cent and 1.7 per cent, or a median estimate of 1.2 per cent, to between 0.7-1.3 per cent (median 1 per cent). This is marginally higher than in 2018, showing a rise of 0.87 per cent […]
Read MoreWHILE THAILAND’S aeronautical industry will see a rapid expansion in the next 20 years as the country is set to become the Asean region’s hub for aircraft maintenance repair and overhaul (MRO), strong political will and a “mechanism” are needed to make the fuller ambition come true. Airbus and national flag carrier Thai Airways (THAI) […]
Read MoreA group of Chinese investors has poured in close to 10 billion baht to develop a new city in Thmada, a border village in Veal Veng district in Cambodia’s Pursat province — a project which, upon completion, is expected to change the dynamics of trade and tourism along the Thai-Cambodian border. Thmada is adjacent to […]
Read MoreThailand and Laos have sealed an agreement to upgrade a road and build a rail extension worth over 3 billion baht to boost cross-border economic cooperation, according to the Neighbouring Countries Economic Development Cooperation Agency (Neda). Neda vice-president Perames Vudthitornetiraks said the agreement was signed over the weekend in Vientiane for two projects, one of […]
Read MoreThailand’s export prospects look gloomy this year amid weak global demand and the US-China trade spat. The conditions have prompted several economic forecasting institutions to cut their export views. The Bank of Thailand became the latest last Wednesday, trimming its full-year export forecast to zero growth from the 3% rise seen in March. The downward […]
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