Thailand Futures Exchange PCL (TFEX), jointly with Thailand Clearing House Co Ltd (TCH), will allow investors to pledge both cash and non-cash collateral for margin requirements, starting from April 23. The move is aimed at enhancing flexibility and convenience for trading, as well as lowering costs, TFEX managing director Rinjai Chakornpipat said. TFEX this year […]
Read MoreALIBABA Group’s plans for investment in the Eastern Economic Corridor (EEC) and associated e-commerce initiatives will be revealed after the technology giant’s founder, Jack Ma, arrives in Thailand tomorrow. Industry Minister Uttama Savanayana said that Ma, the executive chairman of the Chinese e-commerce operator, would use the visit to announce the group’s planned investments and […]
Read MoreThe e-commerce boom and customer demand for same- and next-day delivery have forced e-commerce companies and their logistics partners to streamline both their warehousing needs and delivery models to remain competitive in this rapidly changing industry. Prior to the rapid expansion of e-commerce, large retailers did not have warehousing and logistics networks in place to deliver […]
Read MoreBangkok has moved into the top 50 most expensive locations in Asia for business travel for the first time. This was one of the findings of the latest “Daily Rates” research published by ECA International, the leading provider of knowledge, information and software for the management and assignment of employees around the world. The average […]
Read MoreThe Cabinet approved a plan on Tuesday to offer tax incentives to encourage mergers among the country’s commercial banks, a move that will help them better compete with their larger regional rivals. The incentives include tax breaks for shareholders with stakes in commercial banks. “When you compare it to large banks in the region, such […]
Read MoreTHE Digital Telecommunications Infrastructure Fund (DIF) will raise its registered capital to Bt53.237 billion through a public offering of 3.831 billion units as a means of financing its third round of investment in telecommunications infrastructure in the face of rising Internet usage. Smith Banomyong, chief executive officer of Siam Commercial Bank Asset Management and the […]
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