How Does Betting Influence Business?

How Does Betting Influence Business?

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…

Thailand’s Investment Outlook For 2019

Thailand’s Investment Outlook For 2019

Thailand’s Investment Outlook For 2019 Any political instability due to the upcoming elections could pose a risk to Thailand’s economic expansion. Although the country’s growth rate is among the lowest in ASEAN, Thailand serves as a gateway to one of the world’s most dynamic markets. In the 2019 World Bank Group report, Thailand garnered a…

Scaling Up In Asia Pacific’s Logistics Sector

Scaling Up In Asia Pacific’s Logistics Sector Industrial transaction volumes in the first three quarters of 2018 (~USD 19.2 billion) are 29% higher than in the same 2017 period Platform and entity level deals, capital partnering and joint ventures, and portfolio transactions are becoming increasingly common in Asia Pacific’s logistics sector. The reasons why are…

BOI approves new rail services, new port investment

BOI approves new rail services, new port investment

The Board of Investment of Thailand (BOI) has laid out strategies to boost the development of rail services and the country’s cruise tourism. Duangjai Asawachintachit, BOI secretary general, says the latest BOI meeting chaired by the Prime Minister had resolved to instigate measures to attract investment in rail development and related infrastructure for continued economic…

Thailand: Year in Review 2018

Thailand: Year in Review 2018

After a strong start to the year, which saw the economy expand by 4.9% and 4.6% year-on-year (y-o-y) in the first and second quarters, respectively, growth moderated to 3.3% in the third quarter, according to November figures from the National Economic and Social Development Board (NESDB). Seasonally adjusted, the third quarter showed no increase from…

ADB Cuts Thai Growth Outlook To 4.3%

ADB Cuts Thai Growth Outlook To 4.3%

The Asian Development Bank (ADB) has slashed its economic growth forecasts for Thailand to 4.3% this year and 4.1% next year as the global economy sputters. The growth forecast for 2018 was trimmed from 4.5% predicted in September to 4.3% after the third quarter expansion slowed to 3.3% from 4.6% in the second quarter, according…

Thailand Sees Strong Year End Economic Growth

Thailand Sees Strong Year End Economic Growth

The Deputy Prime Minister for Economic Affairs has revealed that Thailand’s GDP growth this year is likely to end above four percent and that over 2 trillion baht is to be invested by the state in mega projects next year.  Speaking at Thailand’s Economic Outlook 2019, Deputy Prime Minister Somkid Jatusripitak pointed out that if 3.3…