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Thailand: Nov 11 sales see huge success

While Alibaba Group announced gross merchandise volume of 213.5 billion yuan (1.07 trillion baht) generated on Nov 11 worldwide this year, an increase of 27% from 2017, Lazada, its e-commerce subsidiary in Southeast Asia, recorded more than 20 million shoppers for the 11.11 sale.  LinkedIn Lazada Group reported the festival had over 20 million shoppers browsing, […]

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Thailand: Govt to open one-stop fishery centres

The Labour Ministry will open special one-stop registration centres for fishery workers from neighbouring countries between Dec 3 and Jan 31.  The centres will also enable migrant workers who had previously registered but failed to renew their permits to re-register to legitimately work in the country, said Labour Minister Adul Sangsingkeo.  “Migrant workers who register […]

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Thailand: Opening the gates to salvage tourism

Fixed securely in one of the world’s holiday hotspots, Thailand’s booming tourism industry is nonetheless experiencing uneasiness like never before amid safety concerns and growing discontent over declining arrivals from China.  Chinese travellers have held Thailand in high regard as their favourite overseas destination for years. But things turned sour after a tour boat capsized off […]

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Thailand: MARKET RECOVERY SEEN FROM CHINA TAX INITIATIVE

Bear markets tend to present bargain-hunting opportunities to long-term investors. We believe the China market would perform better next year. Our main rationale is not the meeting between US President Donald Trump and Chinese President Xi Jinping during the G20 meeting at the end of this month, but China’s upcoming massive tax reform initiative. Next […]

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Thai company to buy sorghum from Philippines

MANILA, Philippines — A Thai agro-industrial conglomerate has committed to buy sweet sorghum, a grain crop used as raw material for feeds, from the country as the Department of Agriculture (DA) starts the propagation of the commodity amid tight supply of corn for the growing livestock industry. Agriculture Secretary Emmanuel Piñol said Thai-based Charoen Pokphand […]

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