The Department of Internal Trade (DIT) will proceed with its project to control the price of medicines at private hospitals now that it has received their price lists. Hospitals selling medicines above the median price set by the department will face fines and/or imprisonment. Also, since August 16, every hospital has been required to print […]
Read MoreDuangjai Asawachintachit, secretary-general of the Board of Investment (BoI), said 758 projects were submitted in the first six months of the year for investment promotion, recording a 7 per cent increase from the same period last year when 707 projects were submitted. Of the projects seeking investment, 57 per cent are industrial companies valued at […]
Read MoreThailand’s slow economic growth in the second quarter has prompted the state planning unit to lower its forecast for 2019 growth to 2.7-3.2% from 3.3%-3.8% made in May. It also sharply cut its estimate for this year’s exports to a contraction of 1.2% from 2.2% growth earlier. Thosaporn Sirisamphand, secretary-general of the National Economic and […]
Read MoreSET-listed WHA Utilities and Power (WHAUP) is optimistic about its water business for industrial estates in Thailand and Vietnam thanks new expansion and investment flows in both countries. Wisate Chungwatana, chief executive of WHAUP, said water sales and services to industrial operators are expected to grow by 23% to 130 million cubic metres per year. […]
Read MoreThe 5th Cambodia-Thailand Tourism Technical Working Group Meeting concluded yesterday with the countries pledging to strengthen cooperation to attract more tourists. For in depth analysis of Cambodian Business, visit Capital Cambodia During the meeting, held in Thailand’s Trat province over three days, the two countries agreed to work together to facilitate tourist travel, particularly by promoting […]
Read MoreA visa waiver for Chinese and Indian visitors is necessary for Thailand to boost tourism amid a sluggish global economy and stiff competition, says Chairat Trirattanajarasporn, president of the Tourism Council of Thailand. Mr Chairat said he agreed with the concerns raised by the Foreign Ministry over national security issues from an influx of arrivals […]
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