HANOI — Vietnam imported US$376 million worth of fruits from Thailand in the first half of this year, which was double the figures of the same period last year. With the turnover, Thailand has become the leading supplier of fruits to Vietnam, accounting for over half of Vietnam’s six-month fruit imports at $507 million, according to the Ministry of Agriculture and Rural Development. During […]
Read MoreThai tech startups are in a good position to expand throughout Southeast Asia as the local ecosystem proceeds to the next level, says Singtel Inno8 Ventures Pte. The corporate venture capital arm of Singapore Telecommunications (SingTel) said the company is eyeing strategic investments in cybersecurity, digital marketing, Internet of Things (IoT), and artificial intelligence globally. “Local […]
Read MoreMANILA, Philippines – The Philippines may undertake future collaborations with the Thailand government to improve its agriculture sector. In a statement, the Philippine Carabao Center (PCC) said it was able to identify the areas it may collaborate on with Thailand, following its meeting with the Department of Livestock DevelopmentThailand. Among the areas of collaboration identified […]
Read MorePrime Minister Prayut Chan-o-cha has instructed the Labour Ministry to come up with urgent measures to soften the impact of the executive decree on foreign workers as the stringent new labour law has raised concern about manpower shortages in some businesses. Varanon Peetiwan, director-general of the Department of Employment at the Labour Ministry, said Thursday the prime […]
Read MoreThailand’s economy could manage up to 3.8% growth this year if exports continue growing, says the government’s planning unit. The economy is expected to take off strongly in the second half of the year, driven by growing exports, higher private investment, improving farm prices and accelerated infrastructure development, said Porametee Vimolsiri, secretary-general of the National Economic […]
Read MoreThe private sector says local companies, particularly small and medium-sized enterprises, are likely to be hurt by the new Royal Decree on Recruitment of Foreigners, as the tighter law with massive fines for employers could cut SMEs’ competitive advantage at a time when the economy has yet to fully recover. Thai Chamber of Commerce (TCC) chairman […]
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