Any trade benefit cuts by the United States for six categories of rice products would only slightly affect Thailand’s exports, according to a senior commercial official and a rice exporter. Keerati Rushchano, director-general of the Foreign Trade Department, said if Washington decides to remove these products from the Generalised System of Preferences (GSP) programme, the […]
Read MoreAs countries impose or strengthen social distancing measures due to Covid-19, a significant majority of consumers have turned to contactless card payments for necessary purchases, according to consumer polling by Mastercard. Citing safety and cleanliness, 79% of people worldwide and 91% in Asia Pacific say they are now using tap-and-go payments. Polling by Mastercard, studying […]
Read MoreThe country’s economy contracted in the first quarter for the first time since 2014 as the coronavirus outbreak cut off tourist arrivals and shuttered commerce. Gross domestic product shrank 1.8% from a year ago, the National Economic and Social Development Council (NESDC) said on Monday. That’s the first contraction since early 2014, according to previously […]
Read MoreThe head of Grab Thailand, Tarin Thaniyavarn, has announced he is leaving the job to pursue his own dream after more than two years with the fast-growing on-demand phone app. “After having led and given my life to transforming Grab Thailand for over two years, I have decided to pursue my own dream and to […]
Read MoreThailand’s move to extend its ban on passenger flights for another month to June 30, citing the need to contain the spread of the coronavirus disease, puts another dent in Cambodia’s efforts to kick-start its economy and tourism. According to the Civil Aviation Authority of Thailand, no passenger flights originating outside the country may land […]
Read MoreIndustries with employees totalling nearly one-third of the Thai workforce are unlikely to recover this year, even as partial lockdown measures are eased, according to TMB Analytics. The industries include hotels, restaurants, aviation, entertainment and recreation, auto and auto parts, property, steel, plastic and rubber, and fashion products. These sectors are expected to see a […]
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