HomeBusiness

Business

Thai Industrial Estate Authority’s Revenue Increases 138% during…

BANGKOK (NNT) - The Industrial Estate Authority of Thailand (IEAT) has revealed that its revenue, during the first nine months of fiscal 2021, increased by 138% year-on-year to 130 billion baht due to more investment in industrial estates,...

Foreign Investment Applications in Thailand in First Half of 2021…

BANGKOK (NNT) - Thailand’s Board of Investment (BoI) has revealed that investment applications in the first half of this year rose by 158% from a year earlier, to 386 billion baht, led by the electronics and medical sectors. BoI...

Thailand’s H1 Investment Applications rise 158% in combined value, BOI says

In the first six months of 2021, Thailand’s investment applications increased 14% from the year earlier period in terms of the number of projects, and 158% in combined value, led by increasing foreign direct investment (FDI) applications, sustained growth in target industries including the electronics and medical sectors, as...

Thailand’s Retail Market in 2021 Is Expected to Contract by 12%

BANGKOK (NNT) - The Thai Retailers Association (TRA) has expected Thailand’s retail market to contract by 12% this year if the government does not accelerate the provision of financial aid measures to operators as well as offer domestic consumption stimulus. Association vice-president Chatrchai Toungratanaphan said up to 270 billion baht...

Thai Bank Deposit protection cut to 1 million THB

Bangkok (NNT) - Thai Banks are to provide deposit protection on only 1 million THB, starting on Aug 11 onwards Thailand’s Deposit Protection Agency (DPA) says such protection will be offered from 11 August 2020 onwards, per individual...

Thailand’s Finance Ministry Slashes 2021 Economic Growth Forecast…

BANGKOK (NNT) - Thailand’s Finance Ministry has slashed its 2021 economic growth forecast to 1.3%, from 2.3%, the third such revision this year, as Thailand fights its biggest COVID-19 outbreak to date. Fiscal Policy Office Director-General Kulaya Tantitemit...

Thai baht becoming the region’s worst-hit currency in COVID…

BANGKOK (NNT) - The Thai baht has been hit by a sharp decline in tourism numbers due to the COVID pandemic, making the country’s currency the worst-hit in the region this year, according to Mizuho Bank. ...

Roche ready to release its COVID-19 Antigen Test Kit

Roche is ready to make its COVID-19 Antigen Test Kit (Home Use) available, allowing antigen self-testing at home, after the kit was approved by the Thai FDA—aiming to reduce the risk of domestic transmission Roche Diagnostics (Thailand) Co., Ltd,...