As Bangkok condo supply is in a surplus and tenants are seeking units with lower rents, condos in outer-city locations along the extensions of mass transit lines are more attractive for a buy-to-let investment than those in inner-city areas. Thana Torsahakul, chief executive of Primo Service Solution Co, a property consultant and subsidiary of SET-listed […]
Read MoreGrab Thailand has become the latest to join the fintech frenzy, aiming to launch an e-wallet in partnership with Kasikornbank (KBank) this month, backed by data from users and drivers to reach Thais who do not have bank accounts. By entering the digital payments sector, Grab will build upon its long-stated goal of becoming a […]
Read MoreThe Customs Department aims to link the National Single Window (NSW) with three more countries this year, expanding the electronic exchange system of trade-related data. The additional three countries are Myanmar, Cambodia and the Philippines, said director-general Krisada Chinavicharana. Cambodia started a trial run for the NSW with Thailand at the beginning of July, he […]
Read MoreMANILA, Philippines — The government is gearing up for the implementation of the fuel marking program this quarter, a measure which is seen to generate at least P5 billion in additional revenues this 2019, the Department of Finance (DOF) said. In a text message to reporters, Finance Secretary Carlos Dominguez said fuel marking operations are […]
Read MorePolitical uncertainty is a major risk sapping investor and consumer confidence and clouding the country’s economic outlook, the World Bank says. Domestic factors are the main risk to Thailand’s outlook for the rest of the year, said Kiatipong Ariyapruchya, the global lender’s senior economist for Thailand. Delays in the new government’s formation will postpone fiscal […]
Read MoreTaxes on imported cars from Europe to Vietnam will drop to zero per cent in the next nine to 10 years, creating new competitiveness in the automobile market. Deputy Minister of Industry and Trade, Tran Quoc Khanh made the statement at a press conference held in Hanoi on Thursday. Vietnam and the EU officially signed […]
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