Siam Piwat Announces Commitment to Be Leader in Creative Economy Celebrates 60th anniversary of success with quantum growth reinforcing position as leader in Creative Economy in retail and property development Goes beyond domestic competition to lead Thailand to the world stage Teams up with world-class partners to build cities, grow retail industry andcreate mega-phenomena Works with…
Honda projects lower motorcycle sales for 2019 Honda Motor Company, the manufacturer of nearly 80% of Thailand’s motorcycles, is projecting another annual loss this year. New motorcycle sales this year are forecast to drop nearly 4% year on year to 1.72 million units. The forecast is unchanged from its January projection. The baht’s appreciation against…
UOB Launches Scheme for Thai SMEs Bank and partners will help SMEs identify relevant technology solutions for their business needs and apply for funding to implement them. United Overseas Bank (UOB) Thailand has launched the Smart Business Transformation Programme to help small and medium-sized enterprises (SMEs) in Thailand to digitalize, the bank announced in a press release…
GOVT URGED TO EXTEND EEC INCENTIVES TO LOCAL BUSINESSES CIVIL SOCIETY groups have called on the government to extend the |special privileges it is offering to investors in the Eastern Economic Corridor (EEC) to local business activities and sustainable development. They also urged the government to give priority to local solutions in solving ongoing land…
Thailand’s International Business Center Incentives Under the Foreign Business Act (“FBA”), foreigners are legally restricted in doing certain businesses in Thailand as prescribed in the lists Annexed to the FBA. Fortunately, there are various possibilities to obtain official permissions. And there are also government schemes available which provide for tax exemptions and tax reductions. Until…
Robot Maker blazes tech trail in home appliances ROBOT MAKER, the owner of Autobot robotic vacuum cleaner brand, has set a target to become the leader in Thailand’s smart home-appliances market within the next three years, said Thammasorn Meerat, the company’s co-founder and managing director. He said that Robot Maker started its business in 2013…
Thai business leaders concerned over reduced talent supply in the next decade, study finds According to a new study by Korn Ferry, the US-based executive search and management consulting firm, business leaders in Thailand are concerned that a reduced talent supply may impact their ability to stay on track for forecast growth in the mid-term…
Thai MICE to chase Big Data PHUKET: The Thailand Convention and Exhibition Bureau (TCEB) is calling for Thai MICE entrepreneurs to bring their businesses up to speed as competition in the global market is ramping up. The bureau has adopted MICE Intelligence combined with Data Analytics to respond to the changing behaviours of the MICE…
Huawei continues investing in Thailand PHOTO: Huawei president for SE Asia, James Wu during media conference at MWC 2019 in Barcelona, Spain. by Somluck Srimalee, The Nation Chinese tech giant Huawei Group has set aside an investment budget of US$81 million (2.5 billion baht) for Southeast Asia towards ICT enablement from 2019-21, focusing on OpenLabs,…
How Does Betting Influence Business? As per a study by Zion Market Research, the global sports betting market is estimated to cross $155.49 billion by 2024 Gone are the days when sports betting was looked down upon or remained confined to hidden establishments. Over several years of reform, leading to the legalization of betting in…