For Thailand, the RCEP agreement may not significantly change Thailand’s trade structure because Thailand already has trade agreements with ASEAN and the other six countries
E-commerce is becoming easier and faster, making it increasingly popular. Recently, Instagram introduced a shopping feature that allows users to purchase products within the app.
10 million persons will be able to register themselves to receive a 1,000 baht allowance each in the government’s electronic money mobile application
Thailand is moving toward a cashless society. Bank notes and coins are set to become obsolete while transactions via electronic payments have increased over recent years.
Thailand’s economic think-tank warned that something must be done quickly by the government, otherwise the economic situation will get worse.
Thais tended to get into debt faster, for longer and for higher amounts. Indebtedness starts as soon as they begin to work at age 25 and...
The University of the Thai Chamber of Commerce predicts that Thai exports in 2019 will drop 0.6% year on year, the first contraction in four years.
Real estate developers are also waiting for the government’s policy on real estate and housing development to be clarified.