Thailand Approves 40 Billion Baht Projects To Promote EEC Development BOI has approved investment incentives for five projects worth over 1.3 billion dollars The Thailand Board of Investment (BOI) has approved investment incentives for five projects with a total investment of value of over 40,462 million baht ($1.3 bln). The highest investment proposal comes from…
Huawei continues investing in Thailand PHOTO: Huawei president for SE Asia, James Wu during media conference at MWC 2019 in Barcelona, Spain. by Somluck Srimalee, The Nation Chinese tech giant Huawei Group has set aside an investment budget of US$81 million (2.5 billion baht) for Southeast Asia towards ICT enablement from 2019-21, focusing on OpenLabs,…
How Does Betting Influence Business? As per a study by Zion Market Research, the global sports betting market is estimated to cross $155.49 billion by 2024 Gone are the days when sports betting was looked down upon or remained confined to hidden establishments. Over several years of reform, leading to the legalization of betting in…
BOI Pushes “Thailand Investment Year” To Accelerate Economic Shift For 2019, BOI has set investment application target at 750,000 million baht To promote the new package and share with investors Thailand’s updated investment policy and incentives, BOI sets “Thailand Investment Year – What’s New?” as the theme of its annual seminar scheduled for 4 March…
Thailand’s Investment Outlook For 2019 Any political instability due to the upcoming elections could pose a risk to Thailand’s economic expansion. Although the country’s growth rate is among the lowest in ASEAN, Thailand serves as a gateway to one of the world’s most dynamic markets. In the 2019 World Bank Group report, Thailand garnered a…
A man walks past an electronic stock board showing Japan’s Nikkei 225 index at a securities firm in Tokyo on Dec. 5, 2017. Photo: Eugene Hoshiko / Associated Press SINGAPORE Asian stocks were mixed on Monday as traders watched for developments on a fresh round of trade talks with the United States this week in Beijing.…
Sansiri to focus on medium and ‘affordable’ property segments in 2019 LISTED PROPERTY firm Sansiri Plc plans to issue Bt5.5 billion worth of debentures this year to raise the money to buy Bt5 billion in land as part of its 2019 business expansion, its chief financial officer, Wanchak Buranasiri, said at a press conference yesterday.…
ASIAN MARKETS RISE ON HOPES FOR INTEREST RATE CUTS A man walks past an electronic stock board showing Japan’s Nikkei 225 index at a securities firm in 2017 in Tokyo. Photo: Shuji Kajiyama / Associated Press SINGAPORE — Asian shares were mostly higher Thursday on news that the Reserve Bank of Australia may cut interest rates,…
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 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…