Business News form Siam News Network
With Global Destination Cities Index: Indulgences, Mastercard takes a deep dive into where visitors spend the most on dining and shopping around the world. The Mastercard Global Destination Cities Index ranks 162 cities in terms of total international overnight visitors…
Following yesterday’s tourism situation update urging ‘Tourists to exercise caution as Tropical Storm Pabuk approaches Thailand’, the Tourism Authority of Thailand (TAT) would like to reiterate that while the possible severe weather conditions have prompted temporary suspension of attractions and…
2018 was a grim year for equities all round, as only two exchanges in all of Asia Pacific — Mumbai and Wellington — ended the year with positive returns. Shanghai, (-24.9%) for the year to Dec 27, was the world’s…
The Deputy Prime Minister for Economic Affairs has revealed that Thailand’s GDP growth this year is likely to end above four percent and that over 2 trillion baht is to be invested by the state in mega projects next year. …
The Asian Development Bank (ADB) has slashed its economic growth forecasts for Thailand to 4.3% this year and 4.1% next year as the global economy sputters. The growth forecast for 2018 was trimmed from 4.5% predicted in September to 4.3%…
A Thai academic says the nation needs to attract skilled foreign workers to work in the country, especially in the industrial technology sector, to overcome a shortage of skilled-workers. In a seminar held by the Institute for Population and Social…
Despite a temporary de-escalation of hostilities following the G-20 summit, the relationship between the US and China will remain contentious, says Moody’s Investors Service in a new report. Narrow agreements and modest concessions in the ongoing trade dispute will not…
Thailand is the regional leader in total installed renewable capacity in Southeast Asia.The latest Alternative Energy Development Plan (AEDP) 2015-36 sets a target for renewables to account for 20% of generation by 2036. It was the first country in SEA…
Southeast Asia’s internet economy, including e-commerce, online travel and online media, will be worth $240 billion by 2025, according to a study published Monday by Google, and Singapore’s Temasek Holdings. The forecast, which is 20% higher than last year’s estimate,…
The tenth anniversary of the collapse of Lehman Brothers is a good opportunity for us all to reflect on the global financial crisis and the lessons we have learned from it. By now, there is widespread agreement that the crisis…