The Fiscal Policy Office (FPO) has jumped on the bandwagon by raising its 2017 GDP growth forecast to 3.8% on the back of strong export growth. The Finance Ministry’s think tank updated its growth forecast to a band of 3.6-4% with an average of 3.8%, up from 3.6% previously, said FPO director-general Suwit Rojanavanich. The […]
Read MoreThe Finance Ministry on Monday raised its economic growth forecast for this year to 3.8% from 3.6%, and upgraded its estimate for export gains, a senior official said. Exports, a key driver of Thai growth, should increase 8.5% this year, compared with the 4.7% projected in July, Suwit Rojanavanich, director general of the ministry’s Fiscal […]
Read MorePChome Thailand Co., Ltd., a subsidiary of Taiwanese biggest eCommerce group – PChome Online Inc, is launching its ePayment service – PChomePay in Thailand. Online sellers here can now enjoy it for FREE. Sam Tsai, COO of PChome Thailand said: “PChomeThai started providing a C2C marketplace eCommerce platform in Thailand since 2015 and in 2016 […]
Read MoreAs Thais paid their last respects to late King Bhumibol last Thursday at the royal cremation ceremony, many are asking if there will be a surge in business and consumer sentiment during the last two months of the year. Although the mourning period has come to an end, there are still concerns and uncertainties over […]
Read MoreThailand’s trade surplus likely increased to US$3.8 billion (Bt126.45 billion) in September, up from $3.4 billion in August, according to the latest Moody Analytics Asia Pacific Economic Preview. It said Thai exports are likely to have surged thanks to strong demand for electronics. “Exports of electronics have risen 12.9 per cent year on year in […]
Read MoreThailand ranked 34th out of 36 countries in terms of attractiveness to online global marketplace players, according to a study conducted by global payout solution provider Hyperwallet. The study, “The 2018 Marketplace Expansion Index”, attempted to pinpoint the most attractive countries for marketplaces to break into next year. Hyperwallet analysed 10 key factors including infrastructure, […]
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