Thai Union in multipronged approach

Thai Union in multipronged approach

Thai Union in multipronged approach THAI UNION GROUP, a world leader in seafood, is exploring new emerging markets to expand its business and investment, in order to enhance competitiveness. While the company will maintain its three major export markets – the United States, Europe and Japan – it now aims to further spread its products…

Government urged to implement new economic stimulus measures

Government urged to implement new economic stimulus measures

Government urged to implement new economic stimulus measures Bangkok – The Director of the UTCC’s Economic and Business Forecasting Center, Thanavath Phonvichai, says that the 25% tariff imposed by the US on Chinese goods could have an adverse impact on the global economy already facing a slowdown. The UTCC projected that Thai exports will grow by…

Bangkok Aerial Photograph and Chao Phraya River, Bangkok

Property slowdown looms over Thai market

Property slowdown looms over Thai market The Thai cabinet has approved last week cutting both housing transfer and mortgage fees to 0.01% for 12 months Some developing economies from Thailand to Dubai and Brazil are facing double-digit real estate sales declines on the back of weakening domestic growth, says Bloomberg. Bangkok Aerial Photograph and Chao Phraya…

Thai mangosteens to re-enter Taiwan market soon

Thai mangosteens to re-enter Taiwan market soon

Thai mangosteens to re-enter Taiwan market soon Taipei, May 13 (CNA) Mangosteens from Thailand, which had been banned from Taiwan for 16 years following a fruit fly outbreak, will again be allowed to enter Taiwan market as soon as July. The ban will be lifted because Thailand has complied with Taiwan’s quarantine requirements, Chen Junne-jih…

First Latin America fam trip trade meet in Thailand

First Latin America fam trip trade meet in Thailand

First Latin America fam trip trade meet in Thailand In 2018, Thailand hosted 202,106 visitors from Latin America, generating approximately 15 billion Baht or 500 million US dollars in revenue Bangkok, May 8, 2019 – The Tourism Authority of Thailand (TAT) recently hosted 40 top tour operators and travel experts from five Central and Latin American…

Political uncertainty weighs on Thailand’s consumer confidence

Political uncertainty weighs on Thailand’s consumer confidence Thailand’s consumer confidence index (CCI) for the month of April sank to its lowest level in 16 months, dragged down by mostly by political uncertainty Thailand’s consumer confidence index (CCI) for the month of April plunged to 79.2 points – the lowest in 16 months.Thailand’s consumer confidence index…

Thai-SEC-Deputy-Secretary-New-Regulation-Allows-for-Digital-Shares-Tokenized-Securities

Thai SEC Deputy Secretary: New Regulation Allows for Digital Shares, Tokenized Securities

Thai SEC Deputy Secretary: New Regulation Allows for Digital Shares, Tokenized Securities The Thai Securities and Exchange Commission (SEC) deputy secretary-general Tipsuda Thavaramara has said that the recently introduced regulation allows for the issuance of digital shares and a tokenized securities depository platform. English-language local media Bangkok Post reported the declarations on May 2. In her comments, Thavaramara referred…

Insurers to pay 100 million baht to SET for riot damage

Insurers to pay 100 million baht to SET for riot damage

Insurers to pay 100 million baht to SET for riot damage Thailand’s Supreme Court has ordered six insurance companies to pay the Stock Exchange of Thailand (SET), Thailand Securities Depository and Family Knowhow Company 100 million baht in total compensation. The compensation is granted for damage caused to the SET building and valuables contained therein…

Overall Thai household debt remains at a high level: BOT

Overall Thai household debt remains at a high level BOT

Overall Thai household debt remains at a high level: BOT BANGKOK, 1 May 2019(NNT)-A study by the Bank of Thailand (BOT) has found that overall Thai household debt is still high. Government agencies are advised to maintain a policy to strictly supervise financial institutions’ lending, and provide information and an understanding of financial planning to…