Thailand’s e-commerce market value is expected to surge to 13 billion USD by 2025 from 3 billion USD in 2018 on the back of strong global demand for Thai products.

The Bangkok Post cited Ebay’s General Manager for Hong Kong, Taiwan and Southeast Asia border trade Jenny Hui as saying that Thai products are in global demand, including jewelries and watches, health and beauty products, auto parts, home and garden, and collectibles.

Southeast Asia will account for 20 percent of worldwide e-commerce by 2022. Moreover, Asia-Pacific is expected to become the largest cross-border trade region for both imports and exports.

She said the value of e-commerce market in Southeast Asia will grow to 103 billion USD by 2025, mostly thanks to increased flow of information, logistics and capital across borders. (VNA)

The Department of Business Development has now brought in global e-Commerce experts to help coach Thai businesses on digital marketing.

Meanwhile the government has been pushing for continuous development of the sector, especially SMEs, to fully adapt to digital marketing and provide products and services which meet customers’ needs, shortening and simplifying delivery and transactions, and offer more options to customers.

The DBD has held a mobile e-Commerce fair at IMPACT Exhibition Center, Nonthaburi, to help community enterprises and SMEs gain more knowledge of online marketing, with global e-commerce experts from companies such as Alibaba, eBay, Lazada, and Shopee, providing knowledge for Thai businesses, such as online…

Read the complete story on Thailand Business News

BANGKOK, 16 July 2019 (NNT) – A farewell ceremony has been held for the legendary Boeing 747-400 aircraft named “City of Bangkok” of KLM Airlines, the Dutch national airline. In 1989, Thai monks performed its naming ceremony in the Netherlands. The Bangkok Metropolitan Administration (BMA) today received its name plate at the farewell ceremony and celebrated the 90th anniversary of the Bangkok-Amsterdam flight route.

Mr. Thaweesak Lertpraphan, Deputy Governor of Bangkok, attended the ceremony celebrating the 90th anniversary of the air route from Bangkok to Amsterdam and the Boeing 747-400 decommissioning ceremony. He received the “City of Bangkok” name plate from a KLM Royal Dutch Airlines executive. The ceremony was also attended by Mr. Keis Reid, the Netherlands Ambassador to Thailand, Wing Commander Sutheerawat Suwannawat, Director of Suvarnabhumi Airport, and others involved at Suvarnabhumi Airport, Lat Krabang district.

The Deputy Governor of Bangkok said in 1991, KLM organized a naming ceremony for the Boeing 747-400 aircraft, which was a new model, in Amsterdam. Therefore, a similar ceremony was held to return the name plate of the aircraft “City of Bangkok” to Thailand this year. It demonstrates the strong ties between Thailand and the Netherlands. Over the past 29 years, over six million passengers were carried by the aircraft with more than 130,000 hours of flights before it was decommissioned in November 2018.

The aircraft’s “City of Bangkok” name plate will be preserved at the museum of Bangkok City Hall to provide historical evidence of the warm relationship between Thailand and the Netherlands.

Source link

BANGKOK, 14 July 2019 (NNT) – The Finance Minister, Uttama Savanayana, has expressed his confidence that the government will help strengthen small and medium-sized enterprises (SMEs) so that they can be listed on the Market for Alternative Investment (MAI), an alternative stock market for SMEs in Thailand.

The 6th MAI Forum 2019 was organized by the MAI Listed Companies Association (MAI) on Saturday (July 13). Finance Minister Uttama presided over the opening ceremony of the event and delivered a speech on the capital market and sustainable development of SMEs. He said the government has been supporting SMEs through various projects. They have more business opportunities after being listed on the MAI. However, the SMEs will have to adapt quickly and use technology to increase their competency.

The Finance Minister and the private sector will discuss financial system connectivity supported by the government’s infrastructure and digital technology to boost their capabilities. The government will prioritize its measures to strengthen the domestic economy amid the volatile global economy in the second half of this year.

On e-business tax and personal income tax, the government will look into these issues thoroughly, before making any decision. He said they are sensitive issues and the government won’t take advantage of the people, and its decision must support business expansion. As for the plan to raise the daily minimum wage to 400 baht, relevant agencies will discuss ways to raise the minimum wage while improving the skills of workers simultaneously.

Source link