Citi bullish on tech stocks outlook CITI Thailand, undaunted by the global economic slowdown and escalating trade war between the superpowers, is pressing ahead with the launch of a technology fund that it believes will beat other investment sectors. Don Charnsupharindr, director and retail banking head for Citi Thailand, said the company has partnered with…
Thai Property market : condo launches to slow to 61,000 – 64,000 units in 2019 More than 77 percent of respondents, who are interested in buying a condo between 2019-2020, said they want to purchase a condo as their residence Condominium developers are expected to face greater challenge in 2019 due to increasing economic uncertainty…
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…
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 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 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 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…
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…
SMEs found expanding markets, raising sales, gaining access to loans BANGKOK, 1 May 2019 (NNT)- University of the Thai Chamber of Commerce has unveiled the results of a poll with 1,200 respondents on the upgrade of small and medium-sized enterprises with mostly focusing on quality standard verification labels. The poll has found 44.31% of the respondents already has quality standard verification labels which have…
Thai Cabinet extends waiver of Visa On Arrival fees Thailand’s Cabinet has extended the waiver of the fees for ‘visa on arrival’ for some foreign tourists to Thailand. The waiver of the 2,000 baht VOA fee will be extended to at least October 31. The fee had previously been waived until January 14 this year in…