Thai delivery app merger gets 3.5 billion baht boost

Thai delivery app merger gets 3.5 billion baht boost Homegrown Thai delivery app Line Man is merging with its longtime partner, online restaurant review platform Wongnai Media. Line Man has secured fresh capital investment worth US$110 million (3.5 billion baht) from BRV Capital Management to bolster the new entity. The merger marks the first time…

Board of Trade want Bank of Thailand to urgently address the baht

Thai envoys instructed to help spur international trade, investment and labour pacts

Thai envoys instructed to help spur international trade, investment and labour pacts Thai ambassadors in countries across the world have been tasked by Prime Minister Prayut Chan-o-cha to help stimulate international trade and investment and fortify labour cooperation to rehabilitate the post-pandemic economy. Government spokeswoman Narumon Pinyosinwat said the premier also requested every organisation to…

Thai gov’t supports “Tourism Aid” to boost domestic tourism

Thai gov’t supports “Tourism Aid” to boost domestic tourism

Thai gov’t supports “Tourism Aid” to boost domestic tourism The University of the Thai Chamber of Commerce’s chancellor, said that “Tourism Aid” will stimulate tourist spending by between 30 – 50 billion baht, to the benefit of Thailand’s economy. Bangkok (NNT/VNA) – The University of the Thai Chamber of Commerce’s chancellor, said that “Tourism Aid” will…

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Thai government to postpone tax increase on cheap cigarettes

Thai government to postpone tax increase on cheap cigarettes The Joint Standing Committee on Commerce, Industry and Banking is proposing that foreign businesspeople be allowed back into Thailand. The president of the Thai Chamber of Commerce says this can be allowed if the government enacts strict measures to contain the spread of Covid-19, including ensuring every…