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Thailand: Bangkok business travel cost up

Bangkok has breached the top 50 most expensive locations in Asia for business travel for the first time, according to a survey from human resources firm ECA International.  The average business trip to the capital costs US$278 (8,678 baht) a day. All Thai cities included in ECA’s most recent survey saw a slight increase in […]

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Thailand: Airport rail ToR to lure foreigners

The private sector has proposed terms of reference (ToR) that permit foreign investors to hold more than a 50% share in the 224.54-billion-baht high-speed railway linking the three main airports in a bid to boost management efficiency. The three airports are Don Mueang, Suvarnabhumi and U-tapao.  The Eastern Economic Corridor (EEC) Committee, chaired by Prime Minister […]

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Thailand: Commerce Min signs MoU on Mekong-Lancang Cooperation

BANGKOK, 18th April 2018, (NNT) – The Ministry of Commerce has signed a Memorandum of Understanding on Projects of the Mekong-Lancang Cooperation Special Fund with the Government of China, and another Memorandum of Understanding on the implementation of development projects with Mekong Institute.  The event was attended by the Commerce Minister, Sontirat Sontijirawong, the Permanent […]

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Alibaba backs Thailand 4.0

Today at a ceremony witnessed by Deputy Prime Minister Somkid Jatusripitak, China’s ambassador Lyu Jian and the executive chairman of the Alibaba Group, Jack Ma, the Thai government and Alibaba entered into a strategic partnership to drive the development of the Thai digital economy and the Eastern Economic Corridor (EEC) under the Thailand 4.0 policy. […]

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Thailand: BoT tells e-money services to register

The Bank of Thailand has required all e-money, credit, debit and ATM card, and fund transfer service providers to either register with or seek approval from the central bank by Aug 14 to prevent their business from being shut down.  During the registration period, these operators can operate as normal, said Siritida Panomwon Na Ayudhya, assistant […]

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Cambodian labor force now returning to Thailand

BANGKOK, 18th April 2018 (NNT) – Cambodian laborers have started making their way back to Thailand after the Songkran holiday came to an end.  Immigration officials in Sa Kaeo Province have been busy working on the return of Cambodian personnel, who were held over in a waiting area until an inspection of their travel documents […]

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