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Thailand’s Kasikornbank partners with Vietnam incubator to support startup community

The Hanoitimes – Kasikornbank subsidiary KVision had earmarked US$245 million to invest in Thai and foreign startups, particularly those in Vietnam. Kasikornbank, Thailand’s second-largest lender, is partnering with state-run Vietnam’s Business Startup Support Center (BSSC) to help Thai and Vietnamese startups with their regional expansion plans, Nikkei Asian Review reported. Following a memorandum of understanding signed […]

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Thailand: FTI seeks measures to rein in baht

The Federation of Thai Industries (FTI) is calling on the Bank of Thailand to launch new measures to rein in the baht’s rapid gains after the currency hit a more than six-year high, aiming to prevent the export slump from deepening. “The baht is making wild swings and is strong,” said chairman Supant Mongkolsuthree. “The […]

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Thailand: Use of FTAs, GSP up 5% in first 4 months

The use of free trade agreement (FTA) privileges and the Generalised System of Preferences (GSP) by Thai exporters amounted to US$24.27 billion in the first four months of 2019, up 5% from the same period last year. According to a Foreign Trade Department report, FTA privilege use accounted for $22.54 billion, up 3.9% year-on-year from […]

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