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Monthly Archives: May 2021

Flash Group becomes first Thai unicorn

Thailand-based Flash Group, which provides e-commerce logistics services, including delivery service Flash Express, has become the first Thai unicorn startup after recently raising US$150 million (4.6 billion baht) in Series D+ and E funding — just three years into operations, according to the company’s owner. Source: Business

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State pins hopes on fresh measures

The government has pinned its hopes on fresh measures to help alleviate hardships of people affected by the Covid-19 pandemic and to boost domestic consumption worth a combined total of 140 billion baht. The measures are scheduled to go before the cabinet today. Source: Business

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BoT sees recovery delayed to 2023

The Bank of Thailand (BoT) predicts that economic recovery will be delayed to the first quarter of 2023, mainly due to the third wave of infections, while vaccination is a key factor to reviving the Thai economy. Source: Business

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Mall Group, banks to offer soft loan packages for SMEs

The Mall Group, the operator of The Mall, The Emporium, EmQuartier and Siam Paragon, has collaborated with six leading financial institutions and the Bank of Thailand (BoT) to design special soft loan packages for its partners, including small and medium enterprises (SMEs) to restore their business capacity and extend their …

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What you need to know about traveling to Europe this summer

In non-pandemic summers, both continental Europe and the United Kingdom draw crowds of tourists from around the world. Last summer, they couldn’t get there. This summer many should be able to, though the tangle of entry requirements will vary by country and could change quickly. Source: Travel

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