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Thailand to the Forefront of Asia and ASEAN’s MICE Industry

Thailand to the Forefront of Asia and ASEAN’s MICE Industry Bangkok ranks second most sustainable MICE destination in Asia in the 2018 Global Destination Sustainability Index Thailand is now among the frontrunners in Asia and ASEAN in terms of MICE Education, MICE Standards and MICE Sustainability. Mrs. Orachorn Wongpan-ngam, MICE Capabilities Development Department Director of…

Thailand in lead pack for Asean capital markets

Thailand in lead pack for Asean capital markets

Thailand in lead pack for Asean capital markets THAILAND ranks in the top three of capital markets in Asean and is expected to stay in the leading pack in 2030, trailing only Singapore and Indonesia, a study indicates. The report, Capital Markets in 2030, drew on research by The Economist Intelligence Unit on behalf of…

Auramon Supthaweethum

Trade, investment dividend sought from Brexit

Trade, investment dividend sought from Brexit TRADE officials spy opportunities from the likelihood of more flexible regulations in Britain after it leaves the European Union. The prospect of eased trade and investment regulations in Europe’s second-biggest economy, they say, would provide a boost to Thai exporters and investors who are eyeing the key market. The…

Thai fruit exports rise to $2.65 bln under FTA deals

Thai fruit exports rise to $2.65 bln under FTA deals

Thai fruit exports rise to $2.65 bln under FTA deals BANGKOK, 1 April 2019 (NNT) – The Director-General of the Department of Trade Negotiations, Auramon Supthaweethum, said Thailand exported fruits worth 2.65 billion US dollars in 2018. This is a 17 percent increase year-on-year, driven by the country’s free trade agreements (FTA) with the ASEAN,…

A Thai Energy Tycoon's Big Bet Made Him $1 Billion Richer

A Thai Energy Tycoon’s Big Bet Made Him $1 Billion Richer

A Thai Energy Tycoon’s Big Bet Made Him $1 Billion Richer (Bloomberg) — Thai energy tycoon Sarath Ratanavadi’s fortune has surged $1 billion since late December as investors warm to his bet on Vietnam. Shares in his Bangkok-listed firm, Gulf Energy Development Pcl, have jumped 50 percent following its mid-August announcement of wind and solar…

bangkok food vendor

Inflation diverges in Southeast Asia’s two biggest economies

Inflation diverges in Southeast Asia’s two biggest economies BANGKOK: Inflation in Southeast Asia’s two biggest economies, Indonesia and Thailand, diverged in March, putting the two nations on possibly different monetary policy courses. Consumer-price growth in Indonesia eased to 2.48 percent last month, below the central bank’s 2.5 percent to 4.5 percent target band, while in…

The committee also revised upwards its forecast economic growth this year to between 3.7 – 4% , compared to the earlier forecast of between 3.5 – 4% .

Forecasts for Thai export growth revised upwards

Forecasts for Thai export growth revised upwards The meeting of the Joint Standing Committee on Commerce, Industry and Banking has revised upwards its forecast of export growth in 2019 to between 6.5 – 7.5% from the previous forecast of between 3.5 – 4.5%. The revision is in line with export growth in the past eight…

Thai Economy Projected To Expand 3.8% (BoT)

Thai Economy Projected To Expand 3.8% (BoT) Addressing the Japanese Chamber of Commerce (JCC) Thailand Dinner Talk on the 27 March 2019, Dr. Veerathai Santiprabhob Governor of the Bank of Thailand said the Thai economy is projected to continue to expand around its potential, and economic growth this year will slightly moderate to 3.8 percent.…

Sony To Shift Smartphone Plant To Thailand

Sony To Shift Smartphone Plant To Thailand

Sony To Shift Smartphone Plant To Thailand Sony’s share of the smartphone market has fallen sharply in recent years BEIJING/TOKYO, March 28 (Reuters) – Sony Corp will close its smartphone plant in Beijing in the next few days, a company spokesman said, as the Japanese electronics giant aims to cut costs in the loss-making business.…