The Hanoitimes – CP Foods will invest more than US$200 million to create an export hub for its poultry and pork business, which is equal to more than 25% of the total invested by Thai companies between 2015 and 2017. With eyes on Vietnam’s access to a 11-nation trade bloc under the Comprehensive and Progressive Trans […]
Read MoreThe Electronic Transactions Development Agency (ETDA) plans to invest 1 billion baht through strategic partners to build a local e-commerce platform to compete with global giants like Alibaba and JD.com. The move aims to create more local opportunities in Thailand’s burgeoning e-commerce sector, expected to be worth 3.3 trillion baht in 2019, growing 14% year-on-year. The […]
Read MoreThe Finance Ministry is launching a new stimulus package to boost the country’s domestic tourism by giving Thais Bt1,500 per person to spend when they travel to 55 provinces under a promotion campaign, a source from the ministry said. Under the campaign, Thais aged 18 and over can register for the programme. The government will […]
Read MoreThe Revenue Department must be allowed to request information from business operators to prevent avoidance of a levy on foreign-based online platform operators earning income in Thailand, says its chief. Without the authority to ask for information, tax collection will be inefficient and could lead to tax leakage, said director-general Ekniti Nitithanprapas. Such a mandate helps several […]
Read MoreNEW TECHNOLOGIES, political uncertainty and capability challenges are just some of the big challenges facing infrastructure owners, investors, operators and planners over the rest of this year, according to KPMG International’s latest edition of “Emerging Trend” – an annual forecast of the top trends influencing the infrastructure sector this year. “This will be the year […]
Read MorePlastic packaging producers should be prepared for new government measures because it has set a goal to ban seven single-use plastic types by 2025, says Siam Commercial Bank Economic Intelligence Center (SCBEIC). Nattanan Apinunwattanakul, an analyst with SCBEIC, said the measures call for production of more degradable packaging products, such as bioplastics, as well as using materials […]
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