Myth: Strong baht deterring western tourists to Thailand

Myth: Strong baht deterring western tourists to Thailand The rise and rise of the Thai Baht, and it’s pushing through the 31.05 to the US Dollar barrier on Wednesday, tops off a turbulent decade of current movement against some of the western currencies. The decade’s currency rise has also been matched by a meteoric explosion…

Thailand enters 5G technology era

Thailand enters 5G technology era

Thailand enters 5G technology era Thailand is leading the ASEAN community in 5G technology beginning with Chulalongkorn University and the Eastern Economic Corridor project from next year. The Thai Government’s National Broadcasting and Telecommunications Commission (NBTC) says it wants Thailand to be one of the first Asian countries to make the jump to 5G. Thailand is…

Thailand to fight counterfeit product sales online

Thailand to fight counterfeit product sales online

Thailand to fight counterfeit product sales online Any buyers who want to report pirated or counterfeit products being sold online can contact the Department of Intellectual Property hotline on 1368. Thailand’s Department of Intellectual Property is cooperating with a famous online shopping website owner to resolve and prevent counterfeit product sales online. Customers are now…

Tesco looks to open 750 new convenience stores in Thailand

Tesco looks to open 750 new convenience stores in Thailand

Tesco looks to open 750 new convenience stores in Thailand Tesco, the UK’s largest retailer, has announced that it could grow its business in Thailand by opening 750 new convenience-style stores. There are currently1,583 Tesco stores in Thailand. Tesco’s Asian investment plunge will likely target the Chinese and South Korean markets as well. The Thai subsidiary, Tesco…

Aging society and skill shortage key issues in Thailand’s economy

Aging society and skill shortage key issues in Thailand’s economy

Aging society and skill shortage key issues in Thailand’s economy According to Moody’s latest Research Announcement, Thailand will sustain fiscal and external strength regardless of political developments; but structural challenges persist. 13 June 2019 Singapore, June 13, 2019 — —Thailand will likely maintain continuity on infrastructure investment, after the country’s recent election results. But its…

EIC cuts 2019’s growth forecast to 3.3%.

EIC cuts 2019’s growth forecast to 3.3%.

EIC cuts 2019’s growth forecast to 3.3%. EIC has revised down the forecast for Thailand’s GDP growth in 2019 to 3.3%, from the previous projection of 3.6%. The Office of the National Economic and Social Development Council (NESDC) reported that Thailand’s GDP expanded by 2.8%YOY (compared to the same period last year), or 1.0%QOQ_sa (seasonally…