The State of eCommerce in Southeast Asia

The State of eCommerce in Southeast Asia

The State of eCommerce in Southeast Asia Mobile apps are playing a vital role in the development of e-commerce. According to a report by Google and Temasek, there are more than 350 million internet users in the six largest markets in Southeast Asia The Map of E-Commerce ranks Thailand’s top e-commerce players based on their…

Ministry of Digital for Economy launches Cloud Service

Ministry of Digital for Economy launches Cloud Service

Ministry of Digital for Economy launches Cloud Service Cloud Service can be used immediately by government agencies and the project plans to open Cloud Computing orientation courses for over 2,500 government officials. The Ministry of Digital for Economy and Society has launched Cloud Service for the public sector in Thailand In cooperation with the Committee…

Incomes on the rise for Thai expats

Incomes on the rise for Thai expats

Incomes on the rise for Thai expats “The Thai economy has continued to see an upward trend in recent years, with a steady and sustained increase in overseas business…” The pay and benefits packages of expats in Thailand has seen a major increase, with the overall package of an average overseas worker increasing by US$27,917,…

Thai GDP forecast cut to 3.3% to 3.8%

Thai GDP forecast cut to 3.3% to 3.8%

Thai GDP forecast cut to 3.3% to 3.8% THE National Economic and Social Development Council (NESDC) has adjusted down its GDP forecast from 4 per cent to 3.3 to 3.8 per cent, citing the impact on Thai exports from the escalating US-China trade war as the key factor. “The escalation of the trade war is…

Thai Economy likely to miss the 3.5% growth target

Thai Economy likely to miss the 3.5% growth target

Thai Economy likely to miss the 3.5% growth target Deputy Prime Minister Somkid Jatusripitak said the global economic slowdown hasweakened exports and reduced domestic consumption Deputy Prime Minister Somkid Jatusripitak said the Thai economy is likely to stay below the 3.5% growth target as projected earlier. He said the global economic slowdown hasweakened exports and…

BOT eases jitters over currency

BOT eases jitters over currency

BOT eases jitters over currency THE chief of the central bank has sought to play down any concerns over the country’s potential inclusion on a US watch list for currency manipulation. Bank of Thailand (BOT) governor Veerathai Santiprabhob said there would be no concrete consequences if the US, as speculation suggests, is poised to add…

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Thai economy to grow 3.6% in 2019

Thai economy to grow 3.6% in 2019 Thai economy this year is now expected to grow at 3.6%, showing minor signs of deceleration due to the global economy BANGKOK, 27 April 2019 (NNT) – The overall Thai economic prospects still see continuous growth potential from private investments and tourism, while the establishment of an elected…

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Thailand’s Human Capital Key to Long-Term Growth

Thailand’s Human Capital Key to Long-Term Growth Investing in human capital and pursuing economic reforms is critically important for Thailand to become a high-income nation Amid a global slowdown and elevated trade tensions, the Thai economy is projected to grow by 3.8 percent in 2019 and 3.9 in 2020, according to the World Bank’s Thailand…