SINGAPORE: Thai Beverage (Thai Bev) plans to sell a 20% stake in its regional beer business via a Singapore listing, in what is set to be the largest initial public offering in the city-state in nearly a decade. In a statement filed to the Singapore Exchange after midnight, Thai Bev said the move would give […]
Read MoreThe headline consumer price index (CPI) in January dropped a less than expected 0.34% from a year earlier, due to lower energy prices and a government utilities subsidy after a new coronavirous outbreak, the commerce ministry said on Friday. The January reading, marking an 11th straight month of decline, compared with a forecast fall of […]
Read MoreThe Commerce Ministry has pledged to speed up tackling the container shortage and open more border checkpoints to increase trade, aiming to reach the ministry’s goal of export growth of 4% this year. Speaking after the year’s first meeting of Joint Public and Private Sector Consultative Committee on Commerce, Commerce Minister Jurin Laksanawisit said the […]
Read MoreThe Finance Ministry has brushed off critics suggesting a near-bankruptcy status of the government’s fiscal position by citing Thailand’s economic fundamentals. The three indicators exemplifying the health of the country’s fiscal position are GDP ratio, foreign reserves and the public debt-to-GDP ratio, said Finance Minister Arkhom Termpittayapaisith. A country’s GDP growth has to continuously expand […]
Read MoreThe Commerce Ministry has teamed up with 11 digital platforms to roll out new discount campaigns, running until Feb 28, to relieve economic hardship amid the pandemic. According to Commerce Minister Jurin Laksanawisit, more than 100,000 shops are participating in the new campaign, with 1 million products and service items available. The 11 digital platforms […]
Read MoreA potentially bumpy recovery across all sectors of the property market is foreseen as Thailand’s economy weathers another challenging year, according to the international property consultancy CBRE. Following the pandemic-induced economic storm in 2020, the residential sector will see an uneven recovery in 2021 in the condominium and detached housing markets. Commercial and industrial property […]
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