Big C Supercenter Plc, which runs supermarkets and convenience stores in Southeast Asia, is considering going public again in Bangkok through an initial public offering that could raise more than $500 million, according to people familiar with the matter. The Bangkok-based company is sounding out investment banks for proposals for the share sale, which could happen […]
Read MoreThe development, driven by the revival of the tourism sector, suggests that the country is beginning to recover from the pandemic in earnest. The Bank of Thailand reported that in September there was a $623 million surplus in the current account, which measures the balance of tradable goods, services, and income into and out of the […]
Read MoreThe majority of PayPal users in Thailand will no longer be able to use the service next month unless they jump through a series of byzantine and bureaucratic steps that are only available to citizens. A year after it first warned of the change and several subsequent delays, PayPal notified customers this morning that they will not be […]
Read MoreThai inflation in November and December is expected to decelerate further, following a decrease in the prices of several essential consumer goods and stable prices of some items despite higher costs. The deceleration was helped by government measures to tackle the cost of living and an easing in the flooding situation that has led to […]
Read MoreThe Ministry of Digital Economy and Society (DES) on Monday entered into a memorandum of understanding (MoU) agreement with the Ministry of Technology and Communications of Laos to collaborate in the postal, digital infrastructure development, ICT and e-commerce fields for eight years. The accord also includes an exchange of information on achievements, progress and development plans […]
Read MoreThe government is reportedly backing down from its plan to allow wealthy foreigners to purchase up to one rai of land for residential purposes in return for investments, after the proposal drew fierce criticism. Chayawut Chanthorn, director of the Department of Land, said on Monday that Deputy Prime Minister Prawit Wongsuwon had approved the withdrawal of the […]
Read More
Thailand
