September marks a series of seismic auctions that will determine whether Thailand’s business realm will continue to be dominated by the same old oligarchs or if newcomers with big bucks could shake up the monopolistic arena. The terms of reference (ToR) for the 200-billion-baht high-speed railway linking three major airports — Don Mueang, Suvarnabhumi and U-tapao […]
Read MoreThe Bank of Thailand is giving the baht — the most-loved emerging-market currency this month — one more reason to keep up its outperformance. Piggybacking on a strong current-account surplus, the baht has braved developing-market doldrums and topped returns among 24 currencies tracked by Bloomberg. It is also the sole gainer in Asia this quarter. […]
Read MorePROPERTY DEVELOPERS are looking for land in four locations next to the planned Bt500-bn infrastructure network of the Eastern Economic Corridor(EEC), say market experts. Asides from the close proximity, these areas come with the convenience of modern living including shopping areas, efficient transportation, hospitality venues, and lifestyle zones. “In the vincinty of digital park, Sriracha […]
Read MoreMANILA: The Philippines’ agriculture minister said on Monday he has proposed the importation of an additional 132,000 tonnes of rice by the private sector to address “very limited” supplies of the staple food in the country’s southern provinces. Agriculture Secretary Emmanuel Piñol said he had formally recommended the “special” importation to President Rodrigo Duterte, and […]
Read MoreThe Customs Department will allow those who buy small goods priced over 1,500 baht from vendors outside Thailand to pay import duties online, eliminating the need to pick up parcels at Laksi Post Office. With the Customs Department’s digital system, buyers can track the customs-clearing process and pay import tariffs via the online channel, outgoing director-general […]
Read MoreAlmost half of Thai respondents were victims of fraud or other economic crimes in the last two years, up significantly from just above a quarter in the 2016 survey, according to PwC’s 2018 Global Economic Crime and Fraud Survey. The portion nearly doubled to 48% in 2018 from 26% two years ago, the survey said. The […]
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Thailand
