Business News form Siam News Network
The Thai government has continued to promote investment in the Eastern Economic Corridor (EEC), especially its electric vehicle and railway sectors. Prime Minister Gen Prayut Chan-o-cha chaired a meeting of the Board of Investment (BOI). The meeting resolved to support…
Scania (Sweden) and Hino (Japan) have recently updated their heavy commercial vehicle offering in Thailand. Thailand is fast becoming a major SE Asia production hub for medium and heavy commercial vehicles, with Scania the latest global manufacturer to set up…
Thailand has become synonymous with good food. Thai cuisine has an international reputation as good as they get. From humble street food to posh restaurants, from tried and tested to trendy and new, from common and convenient kuai tiao (noodle…
As the potential for significant cyberattacks rises globally, the growing intersection of supply chains, connectivity and access to data is creating new vulnerabilities for governments and businesses. “We view cyber risk as event risk that can have material impact on…
The Thai baht has been relentless in its pursuit of the dollar, with the baht set to finish the financial year once again as one of Asia’s strongest performing currencies. The Thai baht’s climb against the dollar is the most…
The Eastern Economic Corridor (EEC) Policy Committee reviewed 86 projects worth 13 billion baht ($420 mln) in a meeting on Friday. Chaired by Prime Minister Gen Prayut Chan-o-cha, the EEC Policy Committee tabled investment proposals from the Ministry of Education,…
Bangkok has now become the second most expensive city to live in within ASEAN, losing only to Singapore. Phuket, Pattaya, and Chiang Mai have also made their way onto the top 10 list of most expensive cities to live in…
The Ministry of Digital Economy and Society (DE) revealed that Thai e-Commerce grew the most in ASEAN with changes in consumer behaviour in 2018, estimating that the value would shoot up to 3.2 trillion baht. The number of Internet users in…
WHA invested 1.3 billion Thai baht [41 million USD] in development projects for automation, distribution, and data centers. The Thai Minister of Industry, Uttama Savanayana, stated that the Chinese e-commerce giant Alibaba and the Thai distribution and industry company, WHA…
The Tourism Authority of Thailand (TAT) as announced that the Royal Thai Government has approved the extension of the visa-on-arrival fee waiver for citizens of 20 countries until 30 April. The decision was announced in the Royal Thai Government Gazette…