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Thailand: Fresh wave threatens media spending

Thailand’s media spending is expected to grow less than 5% in 2021, down from a previous estimate of 8-10% following a fresh wave of the pandemic, says Media Intelligence (MI), a media planning and creative agency. A contraction could happen if the outbreak is severe and lasts a few months, said MI. “The third wave […]

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Thailand: BoT shrugs off US currency watchlist tag

The Bank of Thailand has responded to the US decision to keep the country on a currency manipulation watchlist by asserting that it has stepped into the market only to curb volatility in the baht. The central bank is committed to exchange-rate flexibility, with “interventions limited only to curbing excessive volatility and rapid movements of […]

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Thai Cafe Amazon expands business in Vietnam

Thai giant calls Vietnam a bright spot for investment amid the global Covid-19 pandemic. Thai coffee chain Cafe Amazon announced its plan to open more stores nationwide in the coming time, especially in Ho Chi Minh City and neighboring provinces which are favorite locations for launching new outlets this year. Cafe Amazon in Vietnam, established […]

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Thailand: Time spent on internet surges in 2020

Thais spent almost half the day on the internet on average in 2020, partly driven by the pandemic, while Facebook, YouTube and Line remained the most popular social media platforms in Thailand, according to a survey by the Electronic Transactions Development Agency (ETDA). “Thai users increased their time spent online to 11 hours and 25 […]

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Thailand: An ageing conundrum

The Finance Ministry is growing concerned about slow economic growth prospects and higher inflationary pressure in the long term as Thailand transitions to an “aged” society. A ministry source who requested anonymity said the country’s demographics are rapidly ageing, resulting from falling fertility rates and rising life expectancy. Having a larger proportion of the population […]

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