TAT plans to lure French market

Though the current restrictions in Thailand are hindering travel decisions, pent-up demand from the French market might lead to a surge in tourism at the end of this year until February, says the Paris office of the Tourism Authority of Thailand (TAT). Source: Business

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IEAT asks for 8,000 jabs for foreigners

The Industrial Estate Authority of Thailand (IEAT) plans to ask the government to provide more Covid-19 vaccines to 8,000 foreign investors and business people to protect them against the virus that has spread to the industrial sector. Source: Business

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Offices not dead yet

A growing number of corporate occupiers plan to extend their office footprint in Asia Pacific in the long term, while also pursuing greater flexibility and new hybrid working models, says the international real estate services company CBRE. Source: Business

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All eyes on Fed next week as global shares steady

Recap: Global stocks had a volatile week before picking up on Friday. The MSCI World Index steadied after three days of gains. The market is looking ahead to next week’s Federal Reserve meeting after the European Central Bank pledged on Thursday to continue with heavy stimulus spending. Emerging markets and …

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Export growth provides ray of light

Despite the country facing its worst outbreak of Covid-19, exports are continuing to maintain growth momentum, surging by 43.8% year-on-year in June, representing the highest uptick in 11 years. Source: Business

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Prayut orders stimulus rejig

Prime Minister Prayut Chan-o-cha has ordered responsible state agencies to re-evaluate existing consumption stimulus packages, particularly the “Ying Chai Ying Dai” (the more you spend, the more you get) e-voucher cashback scheme, which has attracted fewer participants than expected. Source: Business

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PTT forms unit for EV services

National oil and gas conglomerate PTT Group continues to strengthen its presence in the electric vehicle (EV) industry by establishing a new subsidiary — EVME Plus Co — to operate a range of services from EV rental to charging and maintenance. Source: Business

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British boom fuels TCMC

As lockdowns increase furniture sales in the UK, SET-listed carpet and furniture maker TCM Corporation (TCMC) is focusing on the furniture business, acquiring furniture producers and plans to raise funds via the stock market in either the UK or US. Source: Business

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