Thai baht lowest since January

Thailand’s slow economic recovery

Thailand’s slow economic recovery Author: Juthathip Jongwanich, Thammasat University Thailand’s economic performance in the third quarter of 2020 showed promising signs of recovery amid the ongoing COVID-19 pandemic. The contraction in GDP fell to 6.4 per cent year-on-year, down from 12 per cent in the second quarter. Signs of recovery in key industries such as electronics…

BOI partners with two state banks to help SMEs affected by the Covid-19

96% of Foreign Investors still confident in Thailand says BOI

96% of Foreign Investors still confident in Thailand says BOI The Board of Investment of Thailand’s (BOI) latest survey, shows most foreign investors, estimated at 96%, are still confident in the country, and are willing to bring forward their investments. BANGKOK (NNT) – With the COVID-10 pandemic causing significant disruption around the world including in…

Thailand BOI Okays Steps to Accelerate Investment and Promote Digital Adoption

Thailand BOI Okays Steps to Accelerate Investment and Promote Digital Adoption

Thailand BOI Okays Steps to Accelerate Investment and Promote Digital Adoption The Thailand Board of Investment (BOI) on Monday approved a series of measures to accelerate investments, particularly in target industries and to encourage business to adopt digital technologies. BANGKOK, Dec. 21, 2020 /PRNewswire/ — “The package to promote large scale projects was designed to boost investment…

Thailand plans large-scale 5G adoption by next year

Thailand plans large-scale 5G adoption by next year Thailand could adopt a large-scale 5G network by next year. The fifth generation wireless technology has higher speeds, lower latency and the ability to connect more devices. The National Broadcasting and Telecommunications Commission, or NBTC, says they are ahead of schedule. Along with the mass adoption of…

Thailand Tops Bloomberg’s Emerging Markets List

Thailand Tops Bloomberg’s Emerging Markets List

Thailand Tops Bloomberg’s Emerging Markets List Bloomberg surveys show that analysts are penciling in high rates of growth next year for some of those that have been hardest-hit in 2020. Thailand and Russia are well placed to be among the emerging-market standouts that could beat expectations next year, according to a Bloomberg study of 17…