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Thailand Leads Mobile Banking Penetration

That is well ahead of the global rate of 41% and higher than China, at 61% Among Thailand’s internet users, 74% access banking services via mobile devices, according to the annual Global Digital Report 2019 from social media management platform Hootsuite and digital marketing agency We Are Social. That puts one of Asia’s favorite vacation […]

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Thailand: Gas block contracts signing this month

The two petroleum contracts for the Erawan and Bongkot gas blocks are still on track to be signed this month, says the Mineral Fuels Department.  The government completed the auction of the Erawan (G1/61) and Bongkot (G2/61) blocks on Dec 12.  PTT Exploration and Production Plc (PTTEP) won the concession contracts for both the offshore […]

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Thailand: LAWS READY FOR SETUP OF RAIL TRANSPORT UNIT

The Cabinet yesterday approved three sets of organic laws for the establishment of a new unit, the rail transport department, under the of Ministry of Transport.  Nattaporn Jatusripitak, a government spokesman, said set-up of the new department will be completed in April, adding that it will take charge of fare policies and issues related to […]

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Thailand: Export growth to shrink

Thailand’s exports are expected to see the lowest growth in three years because of the Sino-US trade row, a global economic slowdown and the strengthening baht.  Aat Pisanwanich, director of the Center for International Trade Studies at the University of the Thai Chamber of Commerce (UTCC), said the latest study puts export growth this year at […]

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