What will be the most expensive real estate on MONOPOLY: Phuket Edition? Phromthep Cape… Phuket Old Town… Patong Beach… These are just a few of the landmarks in Phuket that have now been short-listed since it was announced that Phuket will be getting its own edition of MONOPOLY. The top squares of the the locally-themed game…
Thailand Accelerates Registration of GI Products in 4 Countries BANGKOK (NNT) – Thailand is speeding up registration of geographical indication (GI) products in 4 countries, to prevent foreign vendors from claiming that they make the products and to helpincrease Thai exports during the pandemic. Department of Intellectual Property deputy director-general Prayoth Benyasut said applications for…
Exim Bank assists capital-heavy firms The Export-Import Bank of Thailand (Exim Thailand) vows to offer loans with a special low interest rate and longer grace period to promote Thailand’s future industries. With investments in future industries such as electric vehicles (EVs) requiring relatively hefty capital and posing high risk because of uncertain demand, the bank…
Banks see growth in fees, service income Signs of recovery in the Thai economy and stock market in the first quarter raised equity and mutual fund investment, as well as fee-based income for Thailand’s banking sector. Ten SET-listed commercial banks reported combined fees and service income of 43.4 billion baht in the first quarter this…
Myanmar Imposes Ban on 5 Thai Drinking Products BANGKOK (NNT) – Myanmar has imposed a ban on imports of five Thai drinking products sent by land from Thailand, but will allow imports of these products by sea. Starting from Saturday, the ban applies to soft drinks, fruit juices, ready-to-drink coffee, condensed sweetened milk and fresh milk…
Jabs, rising exports may boost GDP A new state-private vaccination plan and good export prospects may help Thailand secure 1.5-3% GDP growth this year despite economic uncertainties caused by the third wave of Covid-19, says the Thai Chamber of Commerce. Sanan Angubolkul, the chamber chairman, remains optimistic about the Thai economy, believing business activities in…
Finance Ministry Reduces New 2021 Economic Growth Forecast to 2.3% BANGKOK (NNT) – The Finance Ministry has reduced its 2021 economic growth forecast for a second time to 2.3% from 2.8% growth, after a third wave of coronavirus infections struck Thailand this month. Fiscal Policy Office (FPO) Director-General Kulaya Tantitemit said the ministry slashed its…