Export-Import Bank of Thailand (Exim Thailand) aims for 9% lending growth this year, with a focus on small and medium-sized enterprises (SMEs) and outbound investment in Cambodia, Laos, Myanmar and Vietnam (CLMV). Should the target hold true, the bank’s outstanding loans will reach 100 billion baht this year, said president Pisit Serewiwattana. The bank’s total […]
Read MoreSCG Cement-Building Materials, the construction products subsidiary of SCG Group, expects its revenue to increase by 10% year-on-year to 17 billion baht in 2018, driven by demand growth in e-commerce, government investment projects and strong economic performance by Asean countries, said vice-president Nithi Patarachoke. Nithi: State projects will help revenue SCG Logistics, a subsidiary of […]
Read MoreThe Thai economy is proceeding at full throttle this year, propelled by four active engines: state investment, private investment, exports and household consumption, says Deputy Prime Minister Somkid Jatusripitak. Speaking at Wednesday’s “Thailand Takeoff 2018” seminar presented by Post Today, Mr Somkid said the government’s economic reform policies are on the right track, as indicated by […]
Read MoreA Cambodian company is teaming up with a Thai investment partner to spend $100 million improving the quality of Cambodia’s agarwood trees, according to a memorandum of understanding signed by the two companies yesterday. Thoub Chankrassna Khmer Co (TCK), which owns agarwood plantations and an incense factory in Preah Sihanouk province, has partnered with Thai-based […]
Read MoreExports may grow at a much slower pace of 3.5% this year due to a strong baht and higher wages, after expanding nearly 10% in 2017, a group of Thai shippers said on Tuesday. Last month, the group raised its 2018 export growth estimate to 5.5% from 5.0%, and assumed an average exchange rate of […]
Read MoreSmall and medium-sized enterprise (SME) optimism fell for the three months to March as firms worry that the imminent minimum wage hikes and rising energy costs will push up their operating costs, according to a quarterly survey by TMB Analytics, the research unit of TMB Bank. The TMB-SME Sentiment Index declined to 51.9 in the […]
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Thailand
