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Thailand: New Finance Ministry bond offers up to 3%

The Finance Ministry will sell 15 billion baht worth of savings bonds with coupon rates up to 3% next month. The minimum purchase is 1,000 baht with no limit on the maximum, said Suwit Rojanavanich, director of the Public Debt Management Office. The issuance, the second in the current 2017 fiscal year, offers longer maturities […]

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Thailand: E-work permit smart cards get roll-out

The Labour Ministry has begun issuing e-work permit smart cards to migrant workers to make it easier for officials to verify the workers’ information and stamp out falsified documents. According to ministry officials, the cards will be easier to carry and hard to falsify. It would also be more convenient for officials to check the […]

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Thailand: Shippers predict 5% export growth in March

Thai shipments are expected to have recorded 5% growth in March, boosted by the global economic recovery and higher oil prices after a 2.8% dip in February, exporters say. Nopporn Thepsithar, president of Thai National Shippers’ Council (TNSC), said accelerated imports by countries fearing a fallout from growing US-North Korea tensions and the protectionist trade […]

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Thailand: B280m to support Thailand 4.0 startups

Software Park Thailand, a government agency under the Science and Technology Ministry, has allocated a budget of 280 million baht to sponsor and support local startups this year. The move is part of the government’s attempts to drive the Thailand 4.0 economic model, said Chalermpol Tuchinda, director of Software Park Thailand. He said Software Park […]

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Thailand: TAT to host street food festival

The Tourism Authority of Thailand (TAT) will host Bangkok Street Food Festival in June to give local roadside cuisine greater exposure to international tourists. TAT governor Yuthasak Supasorn said the authority is ready to host the street food festival in partnership with Bangkok Metropolitan Administration (BMA) on a popular road in the capital. The potential […]

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Thailand: ADB predicts 3.5% Thai growth

The Thai economy is expected to expand by 3.5% based on an export recovery and domestic public spending this year, with momentum set to continue next year, raising growth to 3.6%, says the Asian Development Bank (ADB). “A sustained recovery in major economies, robust domestic consumption and the continued implementation of large public infrastructure projects […]

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