Government urged to implement new economic stimulus measures

Government urged to implement new economic stimulus measures

Government urged to implement new economic stimulus measures Bangkok – The Director of the UTCC’s Economic and Business Forecasting Center, Thanavath Phonvichai, says that the 25% tariff imposed by the US on Chinese goods could have an adverse impact on the global economy already facing a slowdown. The UTCC projected that Thai exports will grow by…

Bangkok Aerial Photograph and Chao Phraya River, Bangkok

Property slowdown looms over Thai market

Property slowdown looms over Thai market The Thai cabinet has approved last week cutting both housing transfer and mortgage fees to 0.01% for 12 months Some developing economies from Thailand to Dubai and Brazil are facing double-digit real estate sales declines on the back of weakening domestic growth, says Bloomberg. Bangkok Aerial Photograph and Chao Phraya…

First Latin America fam trip trade meet in Thailand

First Latin America fam trip trade meet in Thailand

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…

Insurers to pay 100 million baht to SET for riot damage

Insurers to pay 100 million baht to SET for riot damage

Insurers to pay 100 million baht to SET for riot damage Thailand’s Supreme Court has ordered six insurance companies to pay the Stock Exchange of Thailand (SET), Thailand Securities Depository and Family Knowhow Company 100 million baht in total compensation. The compensation is granted for damage caused to the SET building and valuables contained therein…

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Thailand to the Forefront of Asia and ASEAN’s MICE Industry

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…

A Thai Energy Tycoon's Big Bet Made Him $1 Billion Richer

A Thai Energy Tycoon’s Big Bet Made Him $1 Billion Richer

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…