Thai Department of Highways to Work on Seven Major Projects During 2020
Thailand’s Department of Highways has seven key projects lined up for 2020, with a combined value of more than THB 124 billion (USD 4.1 billion), reported the Bangkok Post. Design work has been completed for five of the projects. Fifth Thai-Lao friendship bridge...
Thai E-Commerce Enabler Raises USD 15 Million
Bangkok-headquartered ecommerce enabler, aCommerce announced the closing of a USD 15 million funding round from Indies Capital Partners on 14 January 2020. The USD 15 million funding from Indies Capital Partners follows a USD 10 million funding round from existing...
Thai Economy Expected to Grow by 2.5% and 2.8% in 2019 and 2020 Respectively
The Bank of Thailand (BOT) released the December 2019 issue of the Monetary Policy Report in January 2020. According to the report, the Thai economy is projected to expand at 2.5% and 2.8% in 2019 and 2020 respectively. The value of merchandise exports in 2019 is...