The value of exports of polylactic acid (PLA), a type of biodegradable plastic, is expected to increase by 16.6% this year to 2.7 billion baht, with an additional 6,800 tonnes shipped out, making the country the world’s third largest exporter, according to the Industry Ministry. Last year, PLA exports stood at 42,020 tonnes, valued at […]
Read MoreSome 80% of spa businesses nationwide have closed, prompting the Thai Spa Association to call for urgent relief aid from the government, especially in the form of a salary co-payment scheme. Spas are slowly reopening, following a relaxation of lockdowns in many provinces, but the domestic market cannot completely revive the business, which relies heavily […]
Read MoreThe Commerce Ministry is scheduled to propose to parliament on Tuesday the ratification of the Regional Comprehensive Economic Partnership (RCEP) trade pact, the world’s biggest free trade deal, signed by 15 nations in Asia-Pacific including Thailand last November. Sansern Samalapa, commerce vice-minister, said the ministry expects the pact to sail through parliamentary ratification. Under the […]
Read MoreDespite risks from the travel ban, a delay in vaccine distribution and new tensions in US-China trade, the Eastern Economic Corridor (EEC) and e-commerce are expected to continue spurring industrial property growth, in part thanks to stimulus plans and government investment in infrastructure and transport projects. Phattarachai Taweewong, director of research and communications at Colliers […]
Read MoreKasikornbank, the second-largest lender by assets, said on Monday it plans to open a branch in Vietnam’s commercial hub of Ho Chi Minh City in the third quarter of this year to tap into the country’s growth. “Attention is now focused on Vietnam as a regional investment hub that has attracted the world’s leading companies […]
Read MoreDespite this being the second time businesses have been hit by coronavirus-related restrictions and closures, many firms are finding it hard to say afloat. Chayanggurn Ardam, 54, the owner of Telephone Bar in Silom Soi 4, said he has now reached breaking point. His bar was heavily affected by the “service venue” ban in the […]
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Thailand
