Retail in the age of social media E-commerce is becoming easier and faster, making it increasingly popular. Recently, Instagram introduced a shopping feature that allows users to purchase products within the app. Social media is transforming retail and expanding the e-commerce world. It goes without saying that the presence of social media in any retail…
Asia’s Economic Outlook Dims as Trade and Investment Weaken The slowdown in global trade coupled with a sharp downswing in the electronics cycle has pulled down forecasts for the PRC and the more open economies in East and Southeast Asia. Economic growth in developing Asia remains robust but prospects have further dimmed and risks to…
Asian Development Bank drops growth forecast for Thailand “The bank forecasts a slightly higher growth rate at 3.2% next year, due largely to infrastructure investment in the Eastern Economic Corridor.” The Asian Development Bank is lowering its growth forecast for Thailand’s economy from 3.9% to 3% but is optimistic that conditions will improve next year.…
Thailand’s rice exports hampered by strong baht Thai rice exports are likely to stay below targets as the strong baht weakens competitiveness in the world market (Photo: Bangkok Post) Bangkok (VNA) – Thai rice exports are likely to stay below targets as the strong baht weakens competitiveness in the world market. Honorary president of the…
How the spectrum price affects 5G development in Thailand? A reasonable spectrum price is, therefore, a key concern for NBTC as it needs to balance between government benefits from the spectrum license fee and affordable price for mobile operators. For mobile operators, the spectrum price is the factor affecting their network investment in an early…
Thailand pushes to finish RCEP talks by November The RCEP initiative was launched in November 2012 with the aim of boosting economic cooperation between 10 ASEAN countries and six dialogue partners, namely China, Japan, the Republic of Korea, Australia, India and New Zealand. With US President Donald Trump withdrawing his country from the Trans-Pacific…
Thailand’s economy grew at 2.3%YOY in 2019Q2, lowest in 19Q Agricultural sector contracted by drought effect while industrial sector’s deteriorated following the export-related production. Thailand’s economic growth in the second quarter of 2019 decelerated at 2.3%YOY, which is the slowest rate in nineteen quarters. This was significantly due to a drop in exports, both goods…
Bangkok Tops Mastercard’s Cities Index For The Fourth Consecutive Year Paris and London, in flipped positions this year, hold the No. 2 and 3 spots, respectively both hovering over 19 million. All top ten cities saw more international overnight visitors in 2018 than the prior year, with the exception of London, which decreased nearly 4…
Thailand’s Q2 growth rate at 2.3%, lowest in 19 quarters Thailand’s economic think-tank warned that something must be done quickly by the government, otherwise the economic situation will get worse. Thailand’s economic growth rate for the second quarter of this year registered at 2.3%, compared to 2.8% for the first quarter, which is the lowest…
Thailand Ecommerce Market: Shooting For Success At present, the Thai ecommerce market is valued at USD 3.5 billion. According to a Google Temasek study, Thailand’s e-commerce market value is expected to surge to 13 billion USD by 2025 on the back of strong global demand for Thai products. Thailand’s nascent e-commerce industry is thriving and…