The Hanoitimes – The group is keen to grow in Vietnam, which is one of the fastest growing economies in the world. Central Group, Thailand’s largest retail conglomerate, considers Vietnam its number one target for investment expansion, according to Nicolo Galante, Central Group’s CEO. The group is keen to grow in Vietnam, which is one […]
Read MoreLocal consumers largely believe that Thailand will become a cashless society in the next seven years, as shown by improved prospects for cashless payment, says Visa Thailand. According to the 2018 Visa Consumer Payment Attitudes survey, 68% of Thai consumers see Thailand becoming a cashless society within seven years, up from 35% in 2017, said country […]
Read MoreAside from search-for-yield behaviour and vulnerability in the mortgage loan market, household debt accumulation from auto loans is among the risks to future financial stability, says the latest Monetary Policy Report. “There are some risks in the financial system that could pose vulnerabilities to financial stability in the future,” the report said. “These risks include an […]
Read MoreSeveral airlines have sought approval to increase charges for ticketing services rendered offline, according to the Civil Aviation Authority of Thailand (CAAT). CAAT director-general Chula Sukmanop said the Civil Aviation Board’s last meeting touched on the higher ticketing service charges imposed by airlines. He said the board was informed the hikes were based on carriers’ […]
Read MoreThe country’s largest shippers group has cut its export growth forecast to 3% this year from the previous 5%, citing the global economic slowdown, the Brexit impasse and the trade row between the world’s two biggest economies. Ghanyapad Tantipipatpong, chairwoman of the Thai National Shippers’ Council, said that given mounting risk factors at home and abroad, […]
Read MoreMalaysian low-cost carrier AirAsia has announced a direct flight between Thailand’s Phuket and Phnom Penh, which comes as part of the airline’s establishment of a network across Asia and its push into the Cambodia, Laos, Myanmar and Vietnam (CLMV) market, the company has said. The new route will be available four times a week starting […]
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