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Thailand’s single window to clear trade

BANGKOK (Bangkok Post) – The Thai government plans to create a single online database for importing and exporting through a national single window by 2018 as part of efforts to avoid potential corruption and bribery in processes where the state and private sectors meet.  Having a single online database should allow the private sector reliable […]

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HomePro mulls CLMV investment

SET-listed Home Product Center Plc (HMPRO) is considering expanding to neighbouring countries with a total investment budget of 6-7 billion baht, says Rakpong Aroonwatdhana, HomePro’s head of investor relations. The new investment will come from two sources, 2-3 billion baht from its own cash flow of and the rest will come from loans. HomePro operates […]

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Singapore company eyes EEC megaproject

SC Capital Partners (SCCP), a Singapore-based real estate and private equity investment firm, has teamed up with a Sri Racha- based developer to launch a high-end condo in Sri Racha worth 3.2 billion baht to tap growing demand from the Eastern Economic Corridor (EEC). SCCP chairman Suchad Chiaranussati said the EEC megaproject will create a […]

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Thailand: E-commerce shifting logistics platform

The rapid rise in e-commerce and customer demand for quick delivery of online purchases has driven a change in the retail landscape, as well as logistics management of the sector. Customers now expect same or next-day delivery services, making slow, inefficient logistics networks become a relic of the past that is no longer acceptable. To […]

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Thailand: Productivity grows, but unemployment reaches 1%

The National Economic and Social Development Board (NESDB) has reported positive developments in income and labour productivity in the fourth quarter and for the whole of 2016. Employment in the agricultural sector declined in the fourth quarter of 2016 as cultivation had to be postponed because of farming areas damaged by floods. Employment in the […]

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Indonesia benefits from China’s economic growth, transition

JAKARTA (Xinhua) – Indonesia will benefit from China’s economic growth and transition amid massive global uncertainties, Indonesian experts told Xinhua. Indonesian economist Yudhoyono Firmanzah, a special adviser for economic affairs to Indonesia’s former President Susilo Bambang, said that China’s economy, which grew 6.7 per cent last year, was the biggest contributor to world growth. Yudhoyono, […]

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