Bualuang Ventures, the venture capital company of Bangkok Bank (BBL), is mainly focused on investing in local small and medium enterprises (SMEs) unlike its banking peers, who are focused on financial technology (fintech) firms. More than a half of the venture fund firm’s capital is expected to be allocated for investment in SMEs, said Panukorn […]
Read MoreThailand’s economy in the first quarter is expected to have fared better than the 3% growth in the previous quarter, boosted by rising exports, recovering farm prices, improving private consumption and tourism as well as accelerated spending by state agencies and enterprises, says the government’s planning unit. Porametee Vimolsiri, the secretary-general of the National Economic […]
Read MoreThe latest economic data is promising, as it shows that many economies have been gathering growth momentum after the lacklustre performance over the past several years, according to a report by consulting firm Deloitte. But a modest recovery in the global economy is projected to indicate economic stabilisation, but not a sign of robust revival. Many […]
Read MoreThailand’s top business group expressed concern Monday about the impact of coming changes in US trade policy under President Donald Trump on Thai exports. Thailand runs a large trade surplus with the United States and Trump last month ordered a study of the causes of US trade deficits. “This is important and could create uncertainty […]
Read MoreBusiness leaders are urging the government to take action over the Thai baht’s appreciation before it hurts Thai exports. Chen Namchaisiri, chairman of the Federation of Thai Industries (FTI), said the strong baht is becoming a concern for businesses. Speaking at a meeting of the Joint-Standing Committee on Commerce, Industries and Banking (JSCCIB), Mr Chen […]
Read MoreBANGKOK (Bangkok Post) – The Thai government expects the country’s overall exports to be slightly affected if the US government introduces punitive measures to tackle its trade deficit as pledged, said Deputy Prime Minister Somkid Jatusripitak. The impact on Thai exports is unlikely to be as bad as many fear, Mr. Somkid said after a […]
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