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Thai exports fall 5.8% in May Thai exports in May 2019 declined 5.8 per cent with the value to be Bt648 billion (US$21 billion), the Commerce Ministry reported on Friday. (The Nation, 21/06/2019) More
Trade war carries risks, hurts prospects The Sino-US trade war is weighing on investment prospects and has sharply increased downside risks for world economic growth, Fitch Ratings says in a new Global Economic Outlook (GEO). (Bangkok Post, 19/06/2019)More
Obstacles ahead on road to the EEC The new government can expect to face multiple challenges in implementing the ambitious Eastern Economic Corridor (EEC) initiative if it is truly to lift the economy to the next level, in the eyes of the business community and residents of the region. (The Nation, 15/06/2019)More
Strong baht to deliver Bt66 bn hit The strengthening baht could wipe as much as Bt66 billion off the value of Thailand’s exports this year, research shows. (The Nation, 14/06/2019)More |
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Market is expecting too much from the Fed ALMOST everyone is convinced that the US Fed is going to cut interest rates at some point this year. So the question is not whether – or not – the Fed will cut but by how much. (The Nation, 20/06/2019) More
Facebook plans own currency Facebook already rules daily communication for more than 2 billion people around the world. Now it wants is own currency, too. (Bangkok Post, 18/06/2019) More
SCG banking on revenue growth from ventures overseas SCG Logistics expects revenue in 2019 from overseas markets to grow by 30% as the company focuses on ventures in China, Indonesia and Vietnam. (Bangkok Post, 18/06/2019) More
Krungsri Supply Chain on Blockchain and AI As businesses get unprecedentedly challenged by technology disruption, embracing changes has become their priority. Only those with great networks, expertise, and relevant visions can rise up as the leaders in today’s global businesses arena. (Bangkok Post, 18/06/2019)More
FTI urges new government to back SME innovation fund The Federation of Thai Industries plans to talk with the new finance minister about the government’s cooperation with its plan to establish an innovation capital fund for small and medium-sized enterprises (SMEs). (Bangkok Post, 11/06/2019)More
Will Bangkok’s real estate market be able to absorb its new office space? Solid performance is expected in Bangkok’s commercial real estate segment this year, with demand to remain high despite significant new supply coming onto the market. (Oxford Business Group, 31/05/2019) More |
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Sights set on Indo-Pacific The Association of Southeast Asian Nations (Asean) has finally offered its own version of the Indo-Pacific Strategy, which includes the bloc's own vision for cooperation in the Indian Ocean, as well as Asia and the Pacific region, which it calls the "Asean Outlook on the Indo-Pacific". (Bangkok Post, 24/06/2019)More
Corporate world shows sustainable way While tourism remains the bedrock of Thailand's and much of Asean's economy, environmental degradation threatens the industry, most notably with the shutdown of Maya Bay until 2021 for restoration efforts. (Bangkok Post, 24/06/2019)More
Asean leaders emphasise economic strength in face of US-China tensions Southeast Asian leaders agreed on Sunday to work together on regional economy and security to strengthen their positions amid growing US-China tensions, as they wrapped up the summit. (Bangkok Post, 23/06/2019) More
‘Small civic voice’ at big Asean Summit Representatives of civic groups are calling on Asean leaders to gove them a voice in the region after their latest proposal for meetings with the leaders and senior officials at the Asean Summit this week was again rejected.(Bangkok Post, 19/06/2019) More
EU-Asean Business Council pushes for more accessible healthcare In line with this year’s theme for Asean, “Advancing Partnership for Sustainability”, the EU-Asean Business Council (EU-ABC) on Sunday launched the first paper by its Healthcare Advocacy Group entitled, “Driving Comprehensive Healthcare in Asean”. (The Nation, 17/06/2019) More
ASEAN pushes forward on upholding human rights in economic pursuit ASEAN continues to push forward on upholding human rights in pursuit of economic prosperity as the ASEAN Intergovernmental Commission on Human Rights conducted the 2019 AICHR Interregional Dialogue. (ASEAN Secretariat News, 13/06/2019) More |
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China steps up food safety with Internet technology China is aiming to improve food safety by applying an Internet Plus model and big data technology. (The Nation, 23/06/2019)More
Organic products face new challenges as market moves online The Growing demand for “clean and green” food is having an immediate effect in both the real and virtual worlds, but there is still doubt as to whether people are grasping the essence of being fully organic, with sustainable agriculture and fair trade. (The Nation, 15/06/2019) more
Global Emissions At 7-Year high Global emissions have hit a seven-year high, according to BP’s annual review, putting the world behind on efforts to curb the effects of climate change. (Forbes, 11/06/2019) More |
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Mercedes rolls out locally made GLC 220 SUV Mercedes-Benz (Thailand) Ltd on Monday added the locally made GLC 220 d 4Matic to its ever-growing SUV portfolio for Thai customers. (Bangkok Post, 17/06/2019) More
BMW ramps up EV options for Thais With the European HQ rapidly moving to serve an electric auto world, the local unit joins partners on charging station and battery plans. BMW plans to be significantly involved in electric vehicle (EV) technology in Thailand in the coming years. (The Nation, 22/06/2019) More |
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Renewal of LTF perks on the table The Fiscal Policy Office (FPO) may renew tax benefits for long-term equity fund (LTF) contributions, set to lapse at year-end, if the funds can be used to reduce income disparity and raise cash for big-ticket infrastructure investment. (Bangkok Post, 17/06/019) More
Digital economy ministry calls for data protection officers The Digital Economy and Society (DE) Ministry is calling for mandatory appointments of data protection officers (DPOs) at every organization that processes or stores personal data from EU citizens to comply with the nation’s Personal Data Protection Act (PDPA) and the EU’s General Data Protection Regulation (GDPR). (Bangkok Post, 11/06/2019) More |
Mazars Annual Forum “Mitigate risk and drive your business agility” The forum will focus on recent business trends in Thailand, and will identify some challenging key issues for companies to mitigate risk and accelerate business growth. It will take place on Wednesday, 24 July 2019, during 1.00 – 7.30 p.m. at Marriott Marquis.More
Osram receives double accolade at the 2019 German Innovation Awards Osram emerged as winner in two categories at the 2019 German Innovation Awards. Experts from the German Design Council named the Osram LEDriving headlamp for the VW Golf VII the winner in the “Excellence in Business to Consumer” category. Osram received the other award in the “Excellence in Business to Business – Lighting Solutions” for the Optotronic LED drivers family.More |
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Philip Harting elected new AUMA Chairman On 28 May 2019, Philip F. W. Harting (44), Chairman of the Board of the HARTING Technology Group based in Espelkamp, was elected the new Chairman of AUMA – the Association of the German Trade Fair Industry. More |
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