Thai e-Commerce grew to Bt3.2- tr last year: ETDA

Thai e-Commerce grew to Bt3.2- tr last year: ETDA Thai e-Commerce grew the most in Asean last year, due to changes in consumer behaviour, and its value is expected to hit Bt3.2 trillion, the Electronic Transactions Development Agency (ETDA) said in a press release on Saturday. The number of internet users has grown four times…

NBTC may extend loans to operators as 5G inducement

NBTC may extend loans to operators as 5G inducement

NBTC may extend loans to operators as 5G inducement THE NATIONAL Broadcasting and Telecommunications Commission (NBTC) is exploring the possibility of drawing on its research and development fund to make loans to telecom operators as a new financial option to encourage the operators to bid for new spectrum licences later this year. NBTC secretary-general Takorn…

Thai Stock Market May Erase Tuesday's Losses

Thai Stock Market May Erase Tuesday’s Losses

Thai Stock Market May Erase Tuesday’s Losses The Thai stock market on Tuesday snapped the four-day winning streak in which it had gathered more than 30 points or 1.8 percent. The Stock Exchange of Thailand remains just beneath the 1,655-point plateau although it figures to rebound on Wednesday. The global forecast for the Asian markets suggests mild…

Thailand Slips To 99th Rank In Corruption Index

Thailand Slips To 99th Rank In Corruption Index Why is Asia Pacific making little to no progress in its anti-corruption efforts? One of the reasons is an overall weakening of democratic institutions and political rights, says Patricia Moreira, Transparency International’s managing director. Thailand ranked No.99, on par with the Philippines, out of 180 countries and…

Thailand’s Central Group planning to invest $200 million in Grab

Thailand’s Central Group planning to invest $200 million in Grab

Central Group, Thailand’s biggest shopping Central and department store operator, is planning to invest US$200 million (6.3 billion Thai baht) in ride-hailing giant ‘Grab’, according to sources ‘familiar with the matter’ today. The deal seals a strategic partnership where the Thai retail giant will help Grab expand its business in Thailand. Central Group would invest…

Twitter is on the rise in Thailand. This is what you were Tweeting about in 2018.

From #BTS (the band not the Skytrain), to #AIS and #KFC. Twitter have released their #YearOnTwitter data for 2018 for Thailand. 2018 was a year dominated by local and international talents: from #BTS and #GOT7 to @BamBam1A and @peckpalit, while TV dramas also made their mark with conversations centering around #บุพเพสันนิวาส (Bupaesaniwas) and #เลือดข้นคนจาง (In…

38 mil foreign tourists to Thailand

Thailand welcomed 38 million foreign visitors last year, raking in more than two trillion baht from tourism. Tourism and Sports Minister Weerasak Kowsurat, says the government’s tourism measures have contributed to a 21% year-on-year increase in the country’s tourism revenue as Thailand generated 2 trillion baht last year and saw no fewer than 38 million…

Thai PM enacts his Article 44 powers to suspend cannabis patents

Thai PM Prayut Chan-o-cha has stepped in amid growing controversy over patents for medical marijuana. Critics of the process complain that the high number of patent applications from abroad shows that foreign pharmaceutical corporations were already trying to monopolise Thailand’s fledgling medical-marijuana business. The NCPO leader has used his Article 44 powers to authorise suspension…

Thailand poised to break through 40 million arrivals in 2019

Thailand poised to break through 40 million arrivals in 2019

Thailand welcomed a record 38.27 million tourists in 2018. That’s up 7.5 percent from 2017 arrival figures. The Thai tourism ministry announced the figures this morning. In December, tourist arrivals amounted to 3.85 million. The ministry is also expecting the number of tourists visiting Thailand in 2019 to increase by another 7.5 percent. For 2019, the ministry…