THAILAND faces many challenges ahead as it seeks to transition the country to succeed in the era of automation and digitalisation with the 4.0 initiative. The country needs to prepare itself to meet Thailand 4.0’s manufacturing environment as well as respond to the expansion of Chinese investments and those from global investors into the Kingdom, […]
Read MoreRISE Academy, a two-year-old corporate innovation accelerator, is aiming high and expects to contribute 1 per cent to the country’s gross domestic product (GDP) by 2020. The academy is an umbrella with two key facets – the RISE Accelerator and RISE Innovation Week. The RISE Accelerator has been in place for two years, helping build […]
Read MoreThailand is becoming an oasis of monetary policy stability as other emerging markets scramble to raise interest rates. The Finance Ministry anticipates that borrowing costs will be left at 1.5% this year, said Kulaya Tantitemit, a spokeswoman and an inspector general at the ministry. While an increase is possible in 2019, it won’t be steep, […]
Read MoreOnly a handful of dominant players will survive the intense Thai e-commerce competition, so local businesses must offer unique features, say operators. Thailand’s e-commerce operators are under pressure from giant internet players that are strong in several areas: finance, marketing, logistics infrastructure, warehousing, and systems. Singapore-based Shopee offers free shipping with no commission fee to […]
Read MoreLabour Minister Pol General Adul Sangsingkeo has urged migrant workers from Cambodia, Myanmar and Laos to undergo nationality verification and official registration to work legally in Thailand before the One Stop Service (OSS) centres close on June 30. Employment Department director-general Anurak Thossarat said on Friday there would be no further extension of the grace […]
Read MorePublic Debt Policy Office (PDMO) will keep Thailand’s public debt at no more than 50 per cent of the nation’s gross domestic product (GDP) in the next 10 years, despite the government’s planned investment in mega infrastructure projects worth over Bt2 trillion in the next four to five years. Jindarat Viriyataveekul, director of the Policy […]
Read More
Thailand
