Venture capital and private equity investment in Southeast Asia have soared to record levels as scores of new investors pour into the region. In 2017, the number of recorded venture capital deals rose to 524, four times the level of 2012, and private equity deal value rose 75% to UScopy5 billion. Technology companies attracted the bulk […]
Read MoreDiscouraged by the drop in exports in both October and November, an exporter group acknowledged Tuesday that the country’s overall exports in 2018 were unlikely to achieve 8% growth as earlier forecast. Ghanyapad Tantipipatpong, chairwoman of the Thai National Shippers’ Council (TNSC), said shipments were likely to end the year at 7-7.3% growth in 2018. She forecast […]
Read MoreThe government has allowed the Thai-Chinese high-speed railway planned from Bangkok to Nong Khai to secure funding from overseas financial institutions, instead of from only domestic ones as earlier stipulated. Nathporn Chatusripitak, an adviser to the Prime Minister’s Office Minister, said the cabinet yesterday approved a proposal from the Finance Ministry to allow the ministry to borrow […]
Read MoreSeveral banks are poised to expand the scope of QR code payment service abroad, aiming to advance efforts towards a cashless society. Banks are seeking entry to regional markets under two business models, standardised QR payment and bank sponsorship, said Thai Bankers’ Association chairman Predee Daochai. Each bank will make its own decision on which […]
Read More(VEN) – Unpredictable changes in petrol prices and high pork prices were expected to affect the consumer price index (CPI) in the last months of the year. However, the government’s flexible management, changes in foreign markets and relative stability of petrol and pork prices have helped ease the pressure on the CPI. November CPI drops […]
Read MoreThe government has lowered its coal production target for this year to 480 million tons in an effort to stabilize the global coal price, an official has said. Last year’s target was 485 million tons, 25 percent of which was allocated to the domestic market obligation (DMO). Energy and Mineral Resources Ministry mineral and coal […]
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Thailand
