Showing 1 - 8 of 8
Faster and cheaper international money transfers through blockchain
Business, TMB Analytics, Published on 04/11/2016
» Let's face it: making international money transfers is a hassle. Whether you are paying suppliers abroad or wiring funds for your children's tuition, most of you feel frustrated about how long it takes for the money to get to the recipients.
Don't overlook the 'trivial component' in GDP calculation
Business, TMB Analytics, Published on 08/01/2016
» Anyone who has taken Economics 101 will be familiar with the equation Y=C+I+G+X-M. Simply put, gross domestic product (Y) is a combination of consumption plus investment, government spending and exports, minus imports.
What's behind the strong baht: myth vs fact
Business, TMB Analytics, Published on 01/09/2017
» The number 8 is typically viewed as lucky in Chinese culture. Right now, however, 8 is a hideous number for many Thai exporters, since that is how much the baht has appreciated in percentage terms since the Year of the Rooster began.
The importance of picking the right offer to refinance your mortgage
Business, TMB Analytics, Published on 08/06/2017
» Owning a home is at the top of life's bucket list for almost every Thai household. Given their high value, most purchases are financed through mortgage loans. According to the National Statistical Office, mortgages account for 50% of Thai household debt.
Reviving Thailand's automotive industry: beyond across-the-board tax incentives
Business, TMB Analytics, Published on 07/04/2017
» Given its ambition to be the Detroit of Asia, Thailand has long sought to assert its comparative advantage in the regional automotive industry. The first-car buyer programme in 2012-13 was one example of a major catalyst that induced a heady state of exuberance, albeit temporary, in the industry. Lured by tax rebates of up to 100,000 baht, about 1.25 million people signed up. Car sales reached a record 1.44 million units in 2013, compared with average yearly sales of around 800,000.
New types of collateral ease financial constraints on small business
Business, TMB Analytics, Published on 06/01/2017
» Small and medium-sized enterprises (SMEs) have long been the backbone of Thailand's economy. According to official data from 2015, the country had 2.7 million SMEs valued at about 5.5 trillion baht or 40% of GDP, creating 10.7 million jobs or 80% of all employment.
How Blockchain will improve international trade
Business, TMB Analytics, Published on 02/09/2016
» Many businesses have to deal with export and import transactions. Banks have long played an important role for corporations as well as small and medium enterprises in facilitating and mitigating risk between buyers (importers) and sellers (exporters) through trade finance.
What will make 2016 the 'Year of Investment'?
Business, TMB Analytics, Published on 04/12/2015
» No one can predict the future with absolute certainty, but one thing all economists agree on about the Thai economy is 2016 will be the "Year of Investment".