BANGKOK – Thailand has geared up for another economic upgrade – a fourth one designed to put it at the center of the Southeast Asian region. Prime Minister Gen. Prayut Chan-o-cha said Thailand 4.0, an economic model focusing on innovation-driven economy especially in advanced and digital technologies, aims to boost both foreign and domestic investments and strengthen […]
Read MoreIndex Creative Village Plc, the country’s largest event organiser, plans to expand further in Indochina to cash in on opportunities arising from strong economic growth in the region. This year will see an emphasis on consumer events such as concerts, trade shows and marketing campaigns in Cambodia, Laos, Myanmar and Vietnam (CLMV), said Kreingkrai Kanjanapokin, […]
Read MoreThailand’s economy expanded less than expected in the last quarter of 2016 and the government left its forecast for growth this year unchanged, indicating recovery will remain a slow process. Growth in October-December was 0.4% from the previous quarter, on a seasonally-adjusted basis, below the 0.6% seen in a Reuters poll. The government revised July-September […]
Read MoreRice prices in Thailand advanced this week following a deal with the Chinese government, while markets slowed in India and Vietnam, traders said on Thursday. In Thailand, the world’s second biggest rice exporter, benchmark 5-percent broken rice RI-THBKN5-P1 edged up to $357-$360 a tonne, free-on-board (FOB) Bangkok, from $355-$360 last week. “Prices went up on […]
Read MoreTourism revenue is expected to continue growing this year, but high growth could mean greater risks to the economy, warns a senior ministry official. Pongpanu Svetarundra, permanent secretary of the Tourism and Sports Ministry, said tourism revenue is expected to account for 17-18% of the country’s GDP this year, compared with 17.7% a year earlier […]
Read MoreMore than 30 small and medium enterprises (SMEs) from Thailand came to Cambodia this week to explore business prospects and investment opportunities. A delegation of 32 SMEs, led by chairman of the Thailand-Cambodia Business Council Chanitr Charnchainarong, met with Commerce Minister Pan Sorasak and discussed potential opportunities for cooperation between the two sides. The delegation […]
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