TEMPO.CO, Bangkok – Thailand received a record 32.59 million foreign visitors last year, with revenue beating expectations and likely to exceed previous forecasts this year by growing 10 percent or more, officials said Monday, January 30. Thailand is proving popular even as terror scares, including a series of bombings in resorts towns killing four people, and the […]
Read MoreTHE GOVERNMENT plans to upgrade the efficiency of doing business in the country so that the Kingdom is in the world’s top 20 in this area by May. Deputy Commerce Minister Sontirat Sontijirawong said that the Business Development Department would this year modernise its work and its role as a regulator so more business can […]
Read MoreBANGKOK: Thailand’s parliament on Friday approved an additional 190 billion baht (RM23.85bil) in public spending this fiscal year, aimed at improving growth outside its capital, as the military government tries to stimulate a sluggish economy. The majority of the additional budget, 115 billion baht (RM14.44bil), will go into funding local initiative projects, according to an […]
Read MoreBritain and Thailand are committed to moving ahead with a bilateral free-trade pact and have agreed to set up a joint committee to work out the details. Deputy Prime Minister Somkid Jatusripitak, who last Friday met Alok Sharma, Britain’s minister for Asia and the Pacific, said the two countries proposed speeding up trade talks and […]
Read MoreBlockchain technology is headed for widespread adoption in Thailand within two years, necessitating legal amendments to support its use, say academics and technology experts. Blockchain underlies Bitcoin and other cryptocurrencies. The blockchain format is a decentralised ledger system that requires “decentralised approval” from the nodes and participants in the system, as opposed to the current […]
Read MoreUnited States President Donald Trump’s policies should boost Thai exports to the US in areas such as automobiles and parts, seafood, fruit, gems, ornaments and rubber, Commerce Minister Apiradee Tantraporn said on Friday. The US imports more automobiles and parts than it exports, the minister said. Prospects were bright for the Thai automotive industry. She expected […]
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