Re: Alibaba deal no monopoly threat: PM, The Sunday Nation, April 22 There is a monopoly threat. The rule of Thai pronouncements is: if there is a clear denial, it must be true. Have another look at the photo; that is the smile of a guy who just signed a monopoly deal. Samui Bodoh “Prayut […]
Read MoreJack Ma’s flagship unit Alibaba has asked the Thai government to raise the maximum 1,500-baht import duty exemption in a push that could boost the country’s demand for imported goods and cut customs officials’ workload. The e-commerce giant has signed deals to splash more than 10 billion baht in investment in Southeast Asia’s second-largest economy. A […]
Read MoreInvestors from China have shown interest in investing in the upgrade of three small airports in Thailand, the Airport Department chief says. Department director-general Darun Saengchai named the airports in Buri Ram, Phetchabun and Nakhon Ratchasima as the targets for Chinese companies, Post Today reported on Sunday. The official did not give details on the […]
Read MoreMany countries in Asia-Pacific are developing domestic real-time payment systems. Examples include PayNow in Singapore, PromptPay in Thailand and the New Payments Platform (NPP) in Australia. But cross-border payments are still expected to take days. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) announced that it has held exploratory talks with a group of banks from Australia, China, Singapore […]
Read MoreALL but one of the six banks that have reported for the year’s opening quarter have enjoyed strong earnings growth, benefiting from the country’s sustained economic growth that is driving demand for new loans, bank executive say. The five listed commercial banks on the plus side of the ledger posted solid growth in net profit […]
Read MoreAlibaba supremo Jack Ma has suggested that the group’s investment in Thailand will be at least US$3 billion (93.6 billion baht) over the next five years as the Chinese e-commerce giant seeks to capitalise on adoption of its platform and financial services by farmers and other underserved people. Asked what the company’s total investment in the […]
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