MANILA, Nov 28 (Reuters) – * The Philippines’ state grains agency National Food Authority (NFA) on Wednesday accepted rice supply offers totalling 203,000 tonnes from Vietnam and Thailand in fresh government-to-government deals * Thailand offered 80,000 tonnes of well milled, long grain white rice of 25 percent broken grade at $469.80 per tonne, slightly below the NFA’s budget of […]
Read MoreThe Bank of Thailand is set to begin raising the policy interest rate once economic growth and inflation move within their targets because financial vulnerabilities have started to become more widespread, in part because of the prolonged low interest rate. “The Monetary Policy Committee [MPC] believes that should economic expansion continue and inflation move within its […]
Read MoreEducation Minister Teerakiat Jaroensettasin is questioning tax exemption privileges for schools after an international school operator went public in the stock market. “The Private Schools Act allows private schools to enter the stock market. But questions should be raised if it’s ethical for a company that owns a private school to enter the stock market while […]
Read MoreThe Industrial Promotion Department wants 20,000 small and medium-sized enterprises (SMEs) and startups to operate their businesses online in 2019. The new target is a marked increase from the previous goal of 5,000 companies as the department has a duty to encourage SMEs and startups to embrace e-commerce. The SMEs and startups span many sectors, […]
Read MoreThe e-commerce battlefield will intensify as five key platforms — search engine, social media, chat messaging, payment and pure e-commerce provider — jump on the bandwagon, driving further cross-border business in Thailand. In 2019, Google Shopping, Facebook Marketplace, Line and Facebook Messenger will further integrate with e-payment. Kasikornbank (KBank) will also expand with K- Market, said Thanawat […]
Read MoreThe tax allowance for shopping will cover three groups of products, and the maximum purchase amount eligible for the allowance is capped at Bt15,000, Finance Minister Apisak Tantivorawong has announced. Speaking last night, he said the allowance would cover tyres made in Thailand, as the government wants to help rubber farmers who have suffered from […]
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