Myriad negative factors, including lower exports, widespread drought, baht strength, political uncertainty and poor business sentiment have prompted the University of the Thai Chamber of Commerce (UTCC) to lower its economic growth forecast to 2.8% for this year. Thanavath Phonvichai, the UTCC’s president, said the domestic political situation is the business sector’s biggest concern because […]
Read MoreMyanmar recorded over 4880 hours of internet blackout time in 2019, costing the country US$75.2 million, a report by a digital privacy organisation estimates. The international internet research firm Top10VPN released a report – Global Cost of Internet Shutdowns in 2019 – last week, revealing a global economic cost at $8.05 billion for shutting down […]
Read MoreJAKARTA (AFP) – Indonesia and the United Arab Emirates (UAE) have struck nearly USD23 billion in business deals, including agreements in the energy sector and on infrastructure projects, the Southeast Asian nation said yesterday. The investments will be made through a new Indonesian sovereign wealth fund set to also involve Japan’s Softbank and United States […]
Read MorePlans for a new airport investment have been unveiled in Koh Kong province, southwest of Phnom Penh. The district currently has two airports – one under construction and another which has been abandoned for years. The government agreed to the investment for the new airport in Bakklong commune, Mondul Seima district, according to the announcement […]
Read MoreThe value of the projects applying for tax privileges at the Board of Investment (BOI) last year reached Bt756.1 billion, exceeding the Board’s target of Bt750 billion. The BOI reported the figures to Deputy Prime Minister Somkid Jatusripitak on Monday (January 13). The number of applications last year was 1,624, of which 506 were for […]
Read MoreThe Directorate of Communications of the Ministry of Transport and Communications said mobile SIM cards not used for six months would be blocked permanently. The directorate said users must register their SIM cards at the shops where they were bought in accordance with the law. When buying new SIM cards, customers are required to make […]
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Thailand
