The government’s special fund through the Agriculture and Rural Development Bank to the rice sector is expected to witness an increase to help further promote rice production. Chan Seiha, deputy director-general of the Agriculture and Rural Development Bank, said that the bank has disbursed $80 million loan to the rice sector this year. The one-year-period […]
Read MoreCommerce Minister Jurin Laksanawisit has ordered the Internal Trade Department to consider the request of makers of the five largest instant noodle brands to allow them to raise their prices in line with soaring production costs. But he personally argued a proposed hike by two baht per packet from 6 baht to 8 baht is considered […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Bubbling excitement for bubble tea across South-east Asia has helped the industry grow to a whopping US$3.7 billion ($5.1 billion) in 2021 – spent on both bubble tea and similar “new tea” drinks, according to a study published on Tuesday (Aug 16). The report, jointly conducted by venture outfit Momentum […]
Read MoreSINGAPORE- Singapore’s key exports saw slower growth last month as shipments of non-electronic products eased, with analysts predicting the momentum will continue to cool in the coming months as the global economic landscape darkens. Non-oil domestic exports (Nodx) expanded 7 per cent year on year in July, with June’s growth revised down to 8.5 per cent from […]
Read MoreThe regulations on the automobile localization ratio will be abolished on October 10, after they have been in force for almost 20 years. On August 12, the Ministry of Science and Technology enacted a circular to rescind the regulations on calculating methods of the automobile localization ratio, including Decision No. 28/2004, Decision No. 05/ 2005 […]
Read MoreWhile the higher cost of living has impacted vulnerable borrowers and driven some of them back to debt relief measures, banks’ current holding of interest rates unchanged will help ease their financial burden, said an executive of the Bank of Thailand. The borrowers, both individuals and businesses, who are in the banks’ debt assistance measures were […]
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