Rice exports probably eased in February with the onset of the low season and the baht’s continued strength after a surge to nearly 1 million tonnes in January. Charoen Laothamatas, president of the Thai Rice Exporters Association, said February rice shipments are estimated at 800,000 tonnes, down from about 1 million tonnes in the year-earlier February. […]
Read MoreThe state-run Thailand Tobacco Monopoly (TTM) is expecting the first loss, of about 1.5 billion baht, in its 79-year history, following new excise tax rates which it claims have benefitted importers of foreign cigarettes. This year, the TTM will plunge into the red as it has not been able to reduce its huge spending in […]
Read MoreTouch Printing Republic Co, an on-demand printing service firm, has started a co-working space for textile designers and plans to launch a design-to-print online marketplace platform. The space serves both designers who want to print and sell their work, as well as consumers who want to create and print their own do-it-yourself (DIY) pieces. “Users require […]
Read MoreOver 2,000 Honda cars from Thailand — the first batches of cars to enjoy zero percent import duty under the ASEAN Free Trade Agreement (AFTA) — have been imported to Vietnam. Under the AFTA commitments, a zero percent tax is applicable to cars imported from the bloc, with a localisation rate of 40 percent or […]
Read MoreBANKS IN VIETNAM and Thailand are racing to adopt digital banking technology in order to enhance their services in the age of the smartphone. Winfield Wong, head of wholesale banking at HSBC Vietnam said that country has potential for a high rate of adoption of new technologies. This prospect is triggered by a young population […]
Read MoreGOVT TO PROPOSE CONTROLS AMID CONCERN OVER RISK TO INVESTORS, LISTED COMPANIES A TEMPORARY measure is expected soon to regulate cryptocurrencies, initial coin offerings (ICOs) and related issues in order to protect retail investors and give some leeway for finance technology (fintech) to follow global trends. The Justice Ministry will on Tuesday announce proposals for […]
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Thailand
