Thailandia
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Latest loan guarantees aimed at SMEs
State-owned Thai Credit Guarantee Corporation (TCG) plans to launch Portfolio Guarantee Scheme 10 (PGS10) later this month, aiming to help small and medium-sized enterprises (SMEs) access loan guarantees on a lower cost basis.
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Tax waiver boosts ICO fundraising
XSpring Digital (XD), a Bangkok-based initial coin offering (ICO) portal service provider, is upbeat about its business outlook this year after the cabinet recently decided to waive value-added tax (VAT) on the sale of investment tokens.
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Nestle unit planning B10bn expansion
Nestle (Thai), a leading consumer goods manufacturer and marketer, looks set to spend 10 billion baht this year -- its highest investment budget in five years -- to expand its business.
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Shippers predict 8% export decline in Q1
The value of Thailand's exports is likely to contract 8% in the first quarter from a year earlier as global demand slows, the Thai National Shippers Council (TNSC) said on Tuesday.
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Ministry of Labour and Phra Ratchawang Municipal Police Station inspect illegal alien workers
With the aim of strengthening national security and economy, Minister of Labour Mr. Suchart Chomklin on 24 February 2023 ordered the Department of Employment (DOE) to visit Pak Khlong Talad (Flower Market) to inspect illegal alien workers vying for Thai workers’ jobs.
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Levy on share sales at risk from Fetco opposition
The imposition of the financial transaction tax on share sales by individual investors might be delayed because of opposition from the Federation of Thai Capital Market Organizations (Fetco), says Finance Minister Arkhom Termpittayapaisith.
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Foreigners flee Thai stocks at rapid rate
Foreign investors were net sellers of US$1.1 billion (37 billion baht) worth of shares on the Thai stock exchange in February, the highest value among Asian bourses for the month and the biggest net sell-off on the exchange since April 2020, with several factors pressuring investments, according to analysts.
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Joint business group maintains growth outlook
The Thai economy is expected to grow 3.0% to 3.5% this year, unchanged from a previous forecast, as tourism rebounds but exports weaken, a leading joint business group said on Wednesday.
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Export push for cassava as govt eyes processing hub
Nakhon Ratchasima is poised to be the country's cassava growing and processing hub despite forecast of a reduced productivity this year.
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Global and Thai economy in a 'no-landing scenario'
The world economy in the first quarter of 2023, especially in January, seems to be defying gravity. The US labour market and retail sales figures have been much better than expected, while inflation is showing signs of a slower-than-expected slowdown.
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Sustainability retains resonance for Thai firms
Sustainability will remain a key trend for fundraising in Thailand, prompting companies to increasingly integrate environmental, social and corporate governance (ESG) considerations into their strategies, says international law firm Baker McKenzie.
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27 Feb Esportare Vino in Tailandia, Corea del Sud e Kazakistan
Per esaminare al meglio tutte le opportunità di questi mercati dinamici in continua evoluzione, Wine Meridian organizza un webinar gratuito con informazioni pratiche sulle modalità di accesso ed espansione dei business vitivinicoli in Asia (in particolare in Tailandia, Corea del sud e Kazakistan) Si cercherà di capire come affrontarli e come gestirli ...
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Poll seen sparking spending spree
The upcoming general election is likely to stimulate consumption, with around 60-70 billion baht to be circulated within the country’s economy, enhancing the Thai stock market both one week before and one month after the polls, say analysts.
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Thai Wah expects 20% revenue rise
Thai Wah Plc, a starch and starch-based food company, is optimistic about the global economy in 2023 and projects revenue growth of nearly 20% to 12-13 billion baht.
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Economists: Tourism surge offsets export setback
The Thai economy is set to bounce back from a surprising contraction in the fourth quarter of 2022 as foreign tourist arrivals are likely to surprise on the upside and counter headwinds to merchandise exports from a global slowdown, say leading economists.
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Chiang Mai frets over foreign nominees
Tourism operators in Chiang Mai are calling for the revision of laws and regulations to maintain fair competition and protect local businesses from Chinese merchants using Thai nominees.
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Thailand eyes more mini-FTAs in China
Thailand wants to sign mini-free trade agreements (mini-FTAs) with the Chinese city of Shenzhen and the province of Yunnan in March and April, respectively, after the mini-FTA with Hainan resulted in a significant growth of Thai exports.
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Car production up in January but sales drop
Car production in Thailand rose 4.02% in January from a year earlier to 157,844 units, helped by higher exports, the Federation of Thai Industries (FTI) said on Tuesday.
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Baht dip aids export stocks
The rapid depreciation of the baht has helped stocks in the export sector, say analysts, warning the currency is under pressure to slide further, resulting in continued outflows from the Thai stock market.
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BoI unveils new strategies to attract foreign investors
The Thai Board of Investment (BoI) on Tuesday revealed its strategies to lure businesses over the next 3-5 years.
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Cyber Elite, Zscaler partner for cloud
Cyber Elite, a Bangkok-based cybersecurity firm, has partnered with Zscaler, the US-based cloud security service provider, to provide managed cloud security services for Thai enterprises to capitalise on the 15-billion-baht IT security market.