Civil Aviation Authority to consider airlines’ requests to ease some Covid measures The Civil Aviation Authority of Thailand has singled out 8 Thai airlines it still has faith in and believes will stay afloat. The CAAT says that without the Covid-19 crisis, none of the carriers risked going bankrupt and the tough financial situation they…
Rise in Thai Shopping Online Accelerates Asia’s Shift to E-commerce BANGKOK (NNT) – The number of Thai households shopping online has shot up 58 per cent during the Covid-19 pandemic, which has accelerated the region’s shift to e-commerce. The dramatic rise in households buying online signals a turning point for e-commerce in Asia. According to global…
Commerce Ministry Launches “Thailand Deliver with Safety” Campaign BANGKOK (NNT) – The Commerce Ministry has launched the “Thailand Deliver with Safety” campaign to boost confidence in Thai products overseas amid the Covid-19 crisis. The campaign aims to reassure buyers and importers that Thai agricultural produce, food products and halal food are Covid-safe due to high production…
Consumer groups sue Trade Competition Commission for approving CP-Tesco merger Thailand’s Trade Competition Commission has been served with a lawsuit courtesy of the Foundation for Consumers and 37 other consumer groups, as a result of a merger between the conglomerate Charoen Pokphand Group and Lotus (formerly Tesco Lotus). “The Charoen Pokphand Group is a Thai…
Investment themes turn more towards cyclical plays March has started out with very good news. Vaccine distribution is now under way in Thailand, with more than 30,000 people vaccinated so far. This comes not a second too soon as the lockdown during the first two months of the year had dragged the economy back down.…
TOAT Targets Cannabis Businesses to Compensate Declining Tobacco Income BANGKOK (NNT) – The Tobacco Authority of Thailand (TOAT) expects lucrative businesses related to cannabis and hemp extracts will help compensate for deteriorating income from tobacco production. TOAT Governor Panuphol Rattanakanjanapatra said TOAT is drafting a ministerial regulation to give the organization an authority to grow and…
GSB Launches Measure to Curb Non-performing Loans BANGKOK (NNT) – State-owned Government Savings Bank (GSB) has rolled out a measure to curb existing debts from turning bad, offering a suspension of the repayment of principal and a partial amount of interest. GSB president and chief executive Vitai Ratanakorn said the aid measure aims to help…
Thailand ranked 3rd in ASEAN on Economic Freedom Index Thailand has a business freedom index of 85.3 out of 100. This is a big improvement over last year, which helped to increase the country’s overall score to 69.7, a 0.3 point jump from last year. Thailand ranked 3rd in ASEAN, 9th among 40 Asia-pacific countries…
Why Thai Firms Should Care About the Career Stage of China’s Officials In Chinese bureaucracy, large-scale leadership turnover happens every five years, right on the heels of the Party’s National Congress: think of it as a window of opportunity for promotions, but with a few constraints Governments typically set a wide range of goals. This…
Government Will Sign MoU on Rice Sale with Indonesia BANGKOK (NNT) – The government will sign a memorandum of understanding (MoU) to sell as much as one million tons of rice a year in a government-to-government (G2G) deal with Indonesia late this month. According to Commerce Minister Jurin Laksanawisit, the MoU signing will be organized…