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Thailand: Consensus builds on growth path

A PEAK private-sector grouping has raised its forecast for economic expansion to 4-4.5 per cent, backed by an upward revision for growth in the country’s exports to 5-8 per cent.  The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) also cites the sustained recovery of the global economy and the steady gains in Thailand’s […]

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Thailand: SME Bank to use big data analytics to assess risk

The State Enterprise Policy Office (Sepo) has linked information about tap water and electricity consumption to big data analytics technology to allow the state-owned Small and Medium Enterprise Development Bank of Thailand (SME Bank) to better assess risks and make faster loan approval decisions.  SME Bank can use the information pooled from five state enterprises for […]

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Thailand: Industrialists rosy on growth

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is optimistic about the country’s economic outlook in 2018 after witnessing better sentiment over the first two months of the year.  The committee increased the group’s 2018 GDP projection from growth of 3.8-4.5% to 4.0-4.5%. Chen Namchaisiri, chairman of the Federation of Thai Industries (FTI) who […]

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THAI Smile adds extra flights for Songkran

THAI Smile Airways will offer an extra return flight per day on its Bangkok (Suvarnabhumi) to Chiang Mai route during the Songkran festival, according to a press statement. The additional flights will be available on April 10, 11, 12, 16 and 17, lifting the number of daily return services to six from the usual five. […]

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Thailand: Inflation in March led by alcohol, tobacco

Inflation in March was driven primarily by fuel, tobacco, alcoholic beverages and milled rice.  The Commerce Ministry reported Monday headline inflation based on the consumer price index (CPI) rose 0.79% in March from the same month a year earlier. This followed an increase of 0.42% in February, which eased from a 0.68% reading in January.  Significant rises […]

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Thailand: Aero Media leaping onto Myanmar opportunity

Aero Media Co, the licence holder that manages advertising at 13 airports, is jumping on the media bandwagon at Yangon airport as a springboard to Cambodia, Laos, Myanmar and Vietnam (CLMV).  The company is joining forces with Myanmar’s leading out-of-home (OOH) media operator Rifle Media to set up the joint venture, Rifle Aero Media Co, […]

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