HSBC has announced a series of recommendations for how Southeast Asia can better attract private investment for projects that are both economically and environmentally sustainable. Presented to Asean finance ministers last week ahead of their annual ministerial summit, the recommendations were a response to the disproportionate impact of climate change on the region, along with […]
Read MoreSumpan Kiatsommart, president of Basini Enterprise, which makes shoes for export, decided 15 years ago to set up a second factory near the Three Pagodas Pass in Sangkhla Buri district, Kanchanaburi, to avoid a labour shortage. Mr Sumpan’s decision proved sage, as a huge workforce and cheaper wages followed, which increased the company’s export competitiveness. Founded […]
Read MoreThe Bank of Thailand and the Bank of Laos PDR have signed a memorandum of understanding (MOU) on cooperation in the areas of financial innovation and payments systems in Chiang Rai yesterday after the meeting of the 5th Asean Finance Ministers’ and Central Governors’ Meeting and related meetings in Chiang Rai yesterday. Veerathai Santiprabhob, governor […]
Read MoreInternational internet gateway (IIG) operators and telecom veterans have poured scorn on the telecom regulator’s request to categorise internet traffic by local or over-the-top service, calling the idea impractical, a breach of user data and a barrier to Thailand’s digital economy development. The initiative by the National Broadcasting and Telecommunications Commission (NBTC) is seen as “using […]
Read MoreThe Transport Ministry is planning to open a new rail route to link Sa Kaeo’s Aranyaprathet district with Cambodia to facilitate cross-border trade, and boost tourism around the eastern border of the country. Transport Minister Arkhom Termpittayapaisith said that the new rail route, which will be opened soon, will connect Aranyaprathet with Cambodia’s Poi Pet, Sisophon […]
Read MoreVeerathai Santiprabhob, governor of the Bank of Thailand (right), and Perry Warjiyo, governor of Bank Indonesia, have signed a deal on payment systems and financial innovation on Thursday in Chiang Rai. The agreement aims to promote closer cooperation between the two central banks in digital innovation in payments and financial services, cross-border payments and supervision […]
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Thailand
