Connect with us

Corporate

No new Index Living Malls in 2010 for second year in a row

Index Living Mall, Thailand’s largest retail furniture and home-decoration chain, will freeze expansion in 2010 for the second year running. Managing director Jarinthorn Patamasatayasonthi said the prolonged delay was due to the continuing economic and political instability, which was expected to make 2010 another difficult year.

Published

on

Index Living Mall, Thailand’s largest retail furniture and home-decoration chain, will freeze expansion in 2010 for the second year running. Managing director Jarinthorn Patamasatayasonthi said the prolonged delay was due to the continuing economic and political instability, which was expected to make 2010 another difficult year.

Go here to see the original:
No new Index Living Malls in 2010 for second year in a row

Doing business in Thailand

Recent crashes in Thailand’s GDP and export markets, plus the drop in tourism fuelled by recession and last year’s domestic political turmoil, have dispelled illusions that the country is insulated from the effects of the global downturn. Numerous indicators of economic health are hitting the red, foreign investment is evaporating, unemployment is surging, and credit lines are freezing up. Thailand’s government still says there is a possibility of positive growth this year, despite facing a rougher ride than in the 1997 Asian financial crisis as conditions infest the real economy on a broader scale.

No new Index Living Malls in 2010 for second year in a row

Infrastructure plays a crucial role in economic development and enrichment of living standards. Various stages of economic development require different levels of infrastructure upgrades or enhancements to ensure infrastructure in fact facilitates economic activities. Thailand has been facing a series of infrastructure challenges, both new and well-established. To name a few: there is a need for infrastructure services to catch up with economic development and international competition, manage the growth in urban areas, respond to global energy prices, and ensure basic services for the poor.

Click to comment

Leave a Reply

Corporate

Thai Government Launches “Factory Sandbox” Scheme to Protect 3 Million Jobs

The plan will focus on plants which employ at least 500 people and will build confidence among both Thai and foreign investors at a time when supply chains in rival countries are shutting down.

Published

on

BANGKOK (NNT) – Thailand’s government has launched a pilot “Factory Sandbox” program to test, vaccinate and isolate factory workers, with the aim of limiting COVID-related disruptions to Thailand’s important export-driven manufacturing sector.

(more…)
Continue Reading

Corporate

The environmental case for remote working

Anyone searching for a silver lining to the pandemic should look to the clear, blue skies above them. A reduction in pollution worldwide has been an unintended benefit of the lockdowns and stay-in-place orders imposed to control the spread of COVID-19.

Published

on

During the pandemic, the environmental and societal benefits of working at home quickly became apparent. How can businesses protect these benefits in the future?

(more…)
Continue Reading