Rock Thailand, Japanese start-ups eye Thai businesses Noting Thailand as the new south east Asian regional innovation hub, the Japanese Embassy in Bangkok, in collaboration with Thailand’s Ministry of Digital Economy and Society, CP Group and True Corporation, launched Rock Thailand, a start-up incubation project. Rock Thailand is being used to open a stage for…
Five Things You Need to Know to Start Your Day Troubled Deutsche Bank has abandoned attempts to turn the ailing firm around and agreed to explore merger talks with Commerzbank, a bunch of central banks in Asia meet this week as well as the Fed and the BOE, with all expected to stand pat on…
A $54 Billion Economic Revamp Is at Risk From Thailand Election Uncertainty A high-speed train that glides from an expanded coastal airport handling 60 million passengers toward cavernous new stations in Bangkok. An infrastructure blitz that takes Thailand’s economy to new heights. That’s the vision of the Thai military junta, which has ruled the Southeast…
Thai Economic Growth Strengthens in Fourth-Quarter but Election Could Impact 2019 PACE Cars pass a Skytrain (Bangkok Mass Transit System) construction site in Bangkok, Thailand May 13, 2018. REUTERS/Soe Zeya Tun By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s economy grew at its best pace in six years in 2018, with fourth-quarter beating…
Federal Reserve and Friends to Sound Dovish: Global Economy Week (Bloomberg) — Follow the latest global economic news and analysis @economics. The Federal Reserve is set to reinforce the view that it’s not raising interest rates for a while as policy makers gather this week. The U.S. central bank is predicted to keep rates steady…
Trade Wars Are A Matter Of Perspective: US-China Tensions Could Boost Thai Economy For Thailand, tensions between China and the US could actually have a positive effect Trade wars are a natural part of politics and, in turn, economics. Although the current back-and-forth between the US and China is dominating the headlines, disputes have always…
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…
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…