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Thai bank forecasts 23 million Chinese tourists in Thailand by 2030

Krung Thai Bank Research Center predicted that in the next 10 years, Chinese tourists will increase by 6.9% per year on average, reflecting the increase of purchasing power...
Business

Bangkok drops to 20th spot on expat-friendly cities ranking

Asian cities dominate the global top 5 in the Expat City Ranking 2019, while Italian cities Rome and Milan join Kuwait City at the bottom of the scale. Bangkok...
Business

Thai economy continued to be on a decelerating trend (Bank of Thailand)

According to Bot latest Press Release, the Thai economy continued to be on a decelerating trend in October. The value of merchandise exports continued to contract, mainly due...
Business

Trade War Incentive Schemes flourishing in ASEAN

Governments across ASEAN have been unveiling an array of incentive packages to entice businesses affected by the US-China trade war. Countries such as Thailand, the Philippines, Malaysia, and Indonesia...
Business

NESDC cuts Thailand’s growth to 2.6%

BANGKOK (NNT) – The Office of the National Economic and Social Development Council (NESDC) has announced that Thailand’s Q3 2019 GDP growth came in at 2.4 percent, adjusting the...
Business

Thailand among top five countries for salary hikes

The emerging economies of Vietnam and Thailand both saw significant real salary increases, placing them in the global top five, with increases of 5.1% and 4.1% respectively, according...
Business

BOT relaxes rules to Curb Strong Baht

The Thai baht has been under pressure due to imbalanced capital flows in the current environment of highly uncertain and volatile external conditions, the Ministry of Finance (MOF) and...
Business

Thailand to renegotiate GSP with US delegation at ASEAN Summit

Apart from resolutions to be made by ASEAN leaders at the ASEAN Summit in November, the Thai government will seek this opportunity to hold a talk with the...
Business

Thailand edges up 6 spots in World Bank’s Ease of Doing Business 2020

Thailand’s ranking in the World Bank’s Ease of Doing Business 2020 list has edged up 6 places, from 27th to 21st this year from 190 countries surveyed The World Bank...
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GDS International plans to invest $1bn in a hyperscale datacentre park in Thailand

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GDS International, a burgeoning datacentre operator from China, is...

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