BOI, Fiscal Policy Research Institute Foundation arrange “Creating Thai Investors in Foreign Countries” training program BANGKOK, 29 April 2019 (NNT) – To promote Thai investment abroad, all sectors must help one another boost competitiveness. However, it is necessary to invest in what that country needs, which will help strengthen the Thai business sector. The Office of…
Thais spend Bt250 billion annually on lottery and lotto At least twice a month –- on the first and sixteenth days – millions of Thais hope and pray that their fortune will change. They are glued to their TV set or mobile phones, anxiously waiting for lottery results praying for a miracle. Thais are increasingly…
Strong growth from key markets compensate for slight dip in Chinese tourists by Thanchanok Phobut | Senior Coordinator, Thailand CBRE, international property consultants, believe that the Thai tourism market is still as resilient as ever. Earlier this year, the Ministry of Tourism and Sports announced they are expecting more than 40 million tourists to visit…
Thailand to the Forefront of Asia and ASEAN’s MICE Industry Bangkok ranks second most sustainable MICE destination in Asia in the 2018 Global Destination Sustainability Index Thailand is now among the frontrunners in Asia and ASEAN in terms of MICE Education, MICE Standards and MICE Sustainability. Mrs. Orachorn Wongpan-ngam, MICE Capabilities Development Department Director of…
Understanding Asia’s fast-moving digital ecosystem in 2017, Asia saw 319 million new mobile connections, compared with just 5 million new mobile connections in Europe over the same time period. The digital future of Asia is already here. In China, millions of people enter public transportation each day using their smartphones, emerge and pay for their…
Thai fruit exports rise to $2.65 bln under FTA deals BANGKOK, 1 April 2019 (NNT) – The Director-General of the Department of Trade Negotiations, Auramon Supthaweethum, said Thailand exported fruits worth 2.65 billion US dollars in 2018. This is a 17 percent increase year-on-year, driven by the country’s free trade agreements (FTA) with the ASEAN,…
A Thai Energy Tycoon’s Big Bet Made Him $1 Billion Richer (Bloomberg) — Thai energy tycoon Sarath Ratanavadi’s fortune has surged $1 billion since late December as investors warm to his bet on Vietnam. Shares in his Bangkok-listed firm, Gulf Energy Development Pcl, have jumped 50 percent following its mid-August announcement of wind and solar…
Forecasts for Thai export growth revised upwards The meeting of the Joint Standing Committee on Commerce, Industry and Banking has revised upwards its forecast of export growth in 2019 to between 6.5 – 7.5% from the previous forecast of between 3.5 – 4.5%. The revision is in line with export growth in the past eight…
Thai businesses feeling pinch from china-US trade wars Since the US China trade war kicked off in the middle of 2018, Thai businesses have begun to feel the pinch as indicated by a small downward trend in Thai export numbers. In the short run, some Thai export items may benefit from trade diversion as US and…
Thai Fruit Exports Rise To $2.65 Bln Under FTA Deals BANGKOK, 1 April 2019 (NNT) – The Director-General of the Department of Trade Negotiations, Auramon Supthaweethum, said Thailand exported fruits worth 2.65 billion US dollars in 2018. This is a 17 percent increase year-on-year, driven by the country’s free trade agreements (FTA) with the ASEAN,…