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Origin Property aims to launch 13 projects by year-end as sector recovers, announces 84% of revenue achieved by Q3

Origin Property Plc (ORI), one of Thailand’s mid-sized real-estate developers, came out to say that its pre-sale for the 9-months of this year was at 84% of its target while at the same time was looking to launch as...

Thailand losing its ASEAN FDI crown as investors opt for ‘more’ attractive Vietnam and Indonesia

The rising labour cost, the ageing population, the political uncertainties, along with growing competition for foreign direct investments has left Thailand licking it wounds in the race for attracting investors to invest in Thailand.Thailand, one of the few countries...

JSCCIB raises 2022 GDP projections but remains cautious amid global economic slowdown

Representatives of the private sector, namely the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB), slightly raised their economic growth projection for 2022 due to the better-than-expected recovery of the tourism sector.Although the JSCCIB was cautioned about the...

Headline inflation dips amid easing of crude oil, but fresh food prices surge due to impact from flooding

Thailand’s headline inflation slightly slowed down to 6.41% year-on-year in September, down from a 14-year high of 7.86% year-on-year in August as crude oil continued to drop although fresh produce prices surged due to the impact of flooding.The headline...

Betagro prices its planned IPO at 40 Baht/share, set to open offering next week

Betagro Plc (BTG) a leading integrated agro-industrial and food business in Thailand, has announced that it was looking to undertake initial public offering (IPO) of 434.8 million shares to the public at 40 Baht a share.The shares are being...

Refining margins rebound as China’s starts to show some signs of recovery and oil prices rise amid plans for production cuts

Thailand’s inflation numbers that are set to be released today could see a slight dip for the past month but the outlook for the months ahead could be a little bleaker as the key component – oil has started...

Exports expected to expand by 8% in 2022 helped by weaker Baht and continued demand for food

Thailand’s exports are expected to continue to remain in positive territory despite the continued slowdown in the global economy with this year’s exports likely to grow by as much as 8%.The Thai National Shippers Association (TNSC) said the country's...

Heavy rains expected in central parts of Thailand as meteorological dept. warns ‘winter is coming’

Thailand’s Meteorological Department warned of more rains and floods as monsoons continue to pass through the central region over the next couple of days.The department said that it anticipates heavy rain in Kanchanaburi, Ratchaburi, Phetchaburi and Prachuap Khiri Khan...

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