Navigating Southeast Asia: Maximizing Market Entry Success Through Multi-Country Benchmarking
Investors eyeing Southeast Asia can use benchmarking to target optimal markets. Vietnam offers manufacturing while Indonesia, Thailand, Malaysia ensure cost-effective operations. Spreading investments minimizes risks like natural disasters and trade conflicts.
Diesel price to rise by 50 satang per litre on Friday
Thailand's Oil Fuel Fund executive committee raised diesel price by 50 satang/litre to 32.94 baht/litre due to global oil price volatility, capping high-speed diesel...
National minimum wage rise could harm SMEs
Thai government plans to raise daily minimum wage to 400 baht to boost consumption, despite concerns about negative impacts. Foreign chambers of commerce suggest...
Thailand to add $3.4 billion to budget to fund cash handout plan
Thailand plans $3.4 billion budget supplement for cash stimulus to boost economy, with 10,000 baht for 50 million Thais, despite potential risks.
Old pledging scheme rice deal expected to be concluded in June
Commerce Minister Phumtham confident decade-old rice will be auctioned to African buyers in June, no political motive. Committee to decide auction details, expects up...
Thailand’s economy averts recession with 1.5% growth in Q1 2024
Thai economy exceeded expectations with 1.5% GDP growth in Q1, avoiding recession. Factors included exports, tourism, and FDI.
Commerce Minister Orders Auction for Decade-Old Rice If Tested Safe
PWO plans public auction for 150,000 sacks of decade-old rice in Surin province. Minister awaits results from the Department of Medical Sciences regarding safety...
The heavy price of rice politics in Thailand
Commerce Minister Phumtham tasted 10-year-old rice, reflecting on the controversial rice scheme under Yingluck's government. Despite high costs and corruption, current subsidies are criticized...
