Thailandia
Vai alla Scheda Paese »If you want to win, you have to fight.
— Thai proverb
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IMF projects Thai growth of 2.8%
The Thai economy is projected to continue its post-pandemic recovery with expansion of 2.8% this year and 3.7% in 2023, according to the International Monetary Fund (IMF).
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BPE puts bourse listing back on the front burner
Biodegradable Packaging for Environment (BPE), a Thai manufacturer of food and beverage containers made from agricultural refuse, has resumed a plan to list the company on the stock market as it continues to expand its packaging business.
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Bistro Asia eyes B3bn in sales within 2025
Bistro Asia Co under Thai Beverage (ThaiBev) is ramping up its food business, opening its first food court and developing a Western restaurant brand in an effort to increase sales to reach 2-3 billion baht over the next three years.
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FTI frets over slowdown of shipments in fourth quarter
The Federation of Thai Industries (FTI) has expressed fresh concerns over an export slowdown in the fourth quarter of 2022, following a drop in goods purchase orders overseas.
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Fin banking on technology for top three spot
Fin Insurance Broker, an insurance tech startup, has set an ambitious target to list as a top three player in the Thai industry by offering a full range of insurance products and focusing on technology to facilitate customers.
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Cargill Meats to expand Thai chicken production
Cargill Meats (Thailand), the subsidiary of the US agricultural and food ingredient producer Cargill Group, is ramping up its ready-to-cook products and using Thailand as a production hub to export to the Asean market.
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Arkhom plays down possibility of a slump
The Thai economic recovery is not expected to be greatly affected if the world goes into recession next year, says Finance Minister Arkhom Termpittayapaisith.
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Axa to focus on Asia for long-term growth
Southeast Asia, Greater China and Japan will remain the three pillars of Axa Group as it grows its business in the coming years, the Paris-based insurer says, noting that the Thai insurance industry is poised for an upward growth trend from 2022 onwards.
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Thai bond issuance to reach record $34bn this year - association
Thai bond issuance is set to reach a record high this year of 1.3 trillion baht ($34.46 billion) as borrowers race to lock in costs as the economy recovers, an industry body said on Monday.
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Dell offers guidance on digital conversion
Some 86% of Thai business leaders believe their employees are their greatest asset amid the need to drive digital transformation, according to a recent survey by IT giant Dell Technologies.
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Employers call for new economic strategies
Thailand needs to prepare new economic plans, including more production of value-added products in the agricultural sector, in response to the hurdles caused by geopolitical conflicts, notably the Russia-Ukraine war, says the Employers' Confederation of Thai Trade and Industry (EconThai).
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Sea Value pivots to booming pet food sector
As the eldest son of the president of the Thai Frozen Foods Association and vice-chairman of the Thai Chamber of Commerce, 38-year-old Amornphan Aramwattananont admits he feels a certain amount of pressure as the next in line to handle the family business.
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Foreigners snap up B146bn of Thai stock
Foreigners were net buyers of 146 billion baht worth of equities on the Thai stock market in the first nine months of this year as they expect tourism to revive the economy in the fourth quarter, say executives at the local bourse.
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Economy seen up 3.0 to 3.5% this year, says finance minister
The Thai economy is still expected to grow 3.0 to 3.5% in 2022, while a weak baht is helping exports, Finance minister Arkhom Termpittayapaisith said on Wednesday.
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Rice exports could reach 8m tonnes despite floods
Thailand's rice exports could reach 8 million tonnes this year as flooding caused by Typhoon Noru has had little impact and a weak baht has helped overseas sales, the president of the Thai Rice Exporters Association said on Wednesday.
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Meat producer Betagro to raise B17.4bn in Bangkok IPO
Thai meat producer Betagro Plc plans to raise about 17.4 billion baht (US$462 million) to fund its business expansion, in what would be the country’s second-largest initial public offering this year.
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Economy set to expand despite global recession
Thailand is expected to eke out annual economic growth of about 3% over the next two years despite a looming global recession, says Bangkok Bank economist Kobsak Pootrakool.
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Measures tightened amid trade circumvention fears
The Foreign Trade Department has tightened measures regarding the issuance of a certificate of origin (CO) on Thai products at risk of circumvention by foreign companies.
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World Bank forecasts Thai GDP growth at 3.1% this year
Thailand's economy is expected to grow 3.1% this year, higher than a forecast in June of 2.9%, supported by private consumption and exports, the World Bank said on Tuesday.
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Tourism prospects hang in the balance
The weak baht could benefit the tourism industry as foreign purchasing power gains value, though it might not be enough to offset high airfares, according to the Thai Hotels Association (THA).
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Chamber says now is the time to attract investment
Although the weakened currency affects the import sector, the Thai Chamber of Commerce sees the slide of the baht as a good opportunity for Thailand to rev up foreign investment.