Thai poultry exports are likely to continue their growth this year as many countries restrict imports of US poultry in light of a bird flu outbreak. Prasit Chalongchaichan, executive vice-president of Charoen Pokphand Foods Plc (CPF), said foreign purchase orders have increased consistently for the SET-listed flagship of agribusiness giant Charoen Pokphand Group, after bird […]
Read MorePRACHIN BURI – Prime Minister Prayut Chan-o-cha has asked Thais to sacrifice by paying 1% more in value-added tax (VAT) to reap 100 billion baht for the state coffers. The prime minister made the plea Thursday before a gathering of residents who welcomed him at Prachin Ratsadornamrung School in this province east of Bangkok. He […]
Read MoreThai furniture exports are set to continue growing this year on strong demand from the US, Japan, Asean and the Middle East. Deputy Commerce Minister Sontirat Sontijirawong said the ministry expects furniture exports to grow by 5% this year after a rise of 4.1% to UScopy.09 billion (38.4 billion baht) in 2016. The strong export […]
Read MoreMajor global companies have started investing more in research and development (R&D) in Thailand, drawn by government policies to support investors, according to the Board of Investment (BoI). Secretary-general Hirunya Suchinai said investment in R&D has reached 2.5 billion baht so far this year from the 17 projects approved by the BoI. She said the […]
Read MoreBANGKOK (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 […]
Read MoreSET-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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