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Thailand: Central revamps website

Central Department Store Co has relaunched its online business aiming to raise its online sales to over 10 billion baht in four years, up from only 250 million last year.  Natira Chirathivat Boonsri, the company’s president, said the company invested 250 million baht in redesigning the company’s website, central.co.th, making it more modernised to respond to […]

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Thailand Post focuses on e-commerce

THAILAND POST has unveiled a new strategy to become an integrated facilitator promoting e-commerce in Thailand which is posting an annual growth rate of 30 per cent, according to Parisa Pananond, executive vice president for marketing. The move is in line with the company’s vision “to be an international standard postal service provider and an […]

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Thailand: March inflation 1.24% yoy

The consumer price index was measured at 102.37 in March, up 0.41% month-on-month and 1.24% year-on-year, on rising prices of fresh foods and fuel, the Commerce Ministry announced. Pimchanok Vornkorporn, director-general of the ministry’s Trade Policy and Strategy Office, said on Monday the CPI index rose for the third consecutive month this year. Fresh food […]

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Thailand: CPI up for 3 straight months

Consumer prices rose for the third straight month in March, driven by fresh food and vegetables as well as higher oil prices.  The consumer price index (CPI), which gauges headline inflation, surged by 1.24% from the same month last year, accelerating from 0.73% year-on-year in February, and 0.27% in January.  Higher prices were boosted by […]

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Thailand: Central bank mulls auto loan curbs

The Bank of Thailand could implement new measures to supervise auto loans in a bid to control the country’s elevated household debt.  If the central bank’s examination team finds auto lenders are using relaxed loan criteria, it could adopt new measures to control the loan quality of this business segment, said governor Veerathai Santiprabhob.  The central […]

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