Hutchinson Technology (Thailand) has committed 4.3 billion baht to build a hard-disk drive parts production plant in Rojjana industrial estate in Ayutthaya, deputy secretary-general of the Board of Investment Atcharin Phattanapanchai said on Tuesday.
Implementation of Reforms in Thailand
The telecommunications sector is in the era of technological convergence. In this context, it is important to note that Thailand’s telecommunications sector is highly concentrated in both the fixedtelephony and broadband access markets with only three to four firms dominating each market. Because of concentration in the sector, it is important to take into account the potential for abuse of market power, particularly in regards to licensing and other regulatory policies. The telecommunications sector has done relatively well in providing access to telephone services through fixedand mobile services at reasonable costs.
Externally, the trade balance in January 2009 recorded a 1,688 million US dollar surplus. Export value contracted for the third consecutive month while import fell even more rapidly. Export value dropped 25.3 percent (yoy) to 10,382 million US dollars. This was due mainly to contraction across the board except for labour-intensive industries which still expanded from gold export. Import value contracted 36.5 percent (yoy) across the board to 8,694 million US dollars. When accounting for the net services, income, and transfers surplus of 601 million US dollars from lower investment income transfer compared to the previous month, the current account balance registered a 2,289 million US dollar surplus.
Revenue has fallen well below target during FY2009 as the domestic recession eroded government income from sources such as import duties and value- added tax. Parliament in June passed emergency legislation authorizing additional government borrowing beyond limits set under the budget law and it approved new debt issues of up to B800 billion. Monetary stimulus came from aggressive reductions in interest rates by the Bank of Thailand: from the start of December 2008 to April 2009 it lowered its policy rate by 250 basis points to 1.25%.
Is remote leadership part of the new normal?
With 77% of adults reporting that they would be willing to learn new skills now, or completely retrain, to improve their future employability, there’s never been a better time to assess your own capabilities.
Digitalisation, globalisation, flexibility, and remote employment – these are just some of the ways the world of work is evolving. As a business leader, do you have the skills you need to help navigate it with your newly agile workforce?
We’ll meet again: business travel changed – but not forever
Now the future is looking brighter, will businesses stay loyal to Zoom, or will we return to the old ways of travel and doing business face-to-face?
In the thick of the pandemic, it seemed hard to imagine that we would ever travel for business again. Health and hygiene concerns coupled with global lockdowns, conspired to take all our meetings online. However, now the future is looking brighter, will businesses stay loyal to Zoom, or will we return to the old ways of travel and doing business face-to-face?
Can the Subscription Economy Save Financial Services?
Going back to the pre-Covid “normal” is not an option for financial services. Fortunately, the rise of the subscription economy points towards frontiers of untapped growth for the sector.
As the world waits for mass vaccination to revive economic activity, general malaise has overtaken the financial services industry (FSI). And things will probably worsen before they get better: US banks are expected to suffer US$318 billion in net loan losses by the end of 2022, according to Deloitte.
Thai Credit Guarantee Corporation (TCG) Will Launch Bad Debt Guarantee Program for SMEs
The program will also cover SME loans that have turned into non-performing loans (NPLs), defined as loans overdue by more...
Skin-lightening products market to reach US$31 billion by 2024
In emerging Asian and African economies, the natural aspiration to enhance one’s circumstances has led to rapid growth in the...
Thailand’s Stock Exchange (SET) synergizes with CMDF to strengthen research for capital market development
The Stock Exchange of Thailand (SET) has joined forces with the Capital Market Development Fund (CMDF) to reinforce the Capital...
New Business Registration Tops Highest since January 2019
The top three sectors for new business registrations in January were building and construction (634), real estate (299) and transport...
Asian students are vital to the health of Australian universities
Over 170,000 international student visa holders are stuck outside Australia, unable to enter because of travel bans.
Facebook unplugs Thai military propaganda
Facebook said it deleted accounts intended for targeted audiences in the southern provinces of Thailand, where Muslim insurgent groups fight...
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