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Thailand: Digital media ad growth on steady course

Thailand’s digital media spending is expected to reach 14.3 billion baht in 2018, leaping 16% from 2017, thanks to intense competition in digital services.  Facebook and YouTube remain powerful platforms, according to the Digital Advertising Association Thailand (DAAT) and Kantar TNS Thailand.  “Digital advertising spending in Thailand continues to grow because of changes in consumer […]

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Philippines: Thai food sector offers big opportunities – EMB

Filipino food manufacturers should innovate, adopt aggressive marketing strategies, and take advantage of business opportunities in Thailand’s packaged food sector, according to the Export Management Bureau (EMB). In its monthly Euromonitor Digest online publication, the bureau, an attached agency of the Department of Trade and Industry (DTI), said major distributors there want to offer unique […]

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Thailand to regulate digital coins from April to guard investors

BANGKOK: Thailand will impose rules on cryptocurrencies and initial coin offerings (ICOs) from April to bolster investor protection, the military-run nation’s Securities and Exchange Commission said. The regulations are set to be enforced in about three weeks, and Thailand is able to move comparatively quickly on tightening oversight in part because a military administration is […]

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Somkid: Thailand eyes becoming CPTPP member

Thailand is set to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) this year, a newly formed bloc of 11 Pacific Rim nations excluding the US, says Deputy Prime Minister Somkid Jatusripitak. Speaking after a discussion with high-ranking officials of the Commerce Ministry yesterday, Mr Somkid ordered the ministry to speed up analysis of the […]

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Thailand: Retailers urge duty free up for main airport shopping

Three retail associations on Wednesday submitted an open letter to Prime Minister Prayut Chan-o-cha, calling on the government to revise the terms of reference (ToR) for the duty-free shop concession at Suvarnabhumi and Don Mueang airports, which are due to expire in 2020, allowing greater competition.  The three associations are the Thai Retailers Association (TRA), the […]

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