China continues to lead global e-commerce market with over $2 trillion sales in 2022
China accounted for over 37% share in the global e-commerce market, in terms of payments value in 2021. The country was followed by the US with $1.5 trillion, while the UK stood at a distant third with $292.1 billion in 2021
Establishing a branch office in Thailand can be more complex, costly, and timely when compared to incorporating a private limited company. However, the advantage of a branch office is that it can be 100 percent foreign-owned.
The negotiations towards a Free Trade Agreement with Thailand were originally launched in October 2005. Two rounds of negotiations have been held between 2005 and 2006. The negotiations were on hold from 2006 to 2022.
Thai Banking Sector Expected to Postpone Raising Interest Rates
Thai banks may not react immediately to increases in interest rates to support borrowers amid the gradual economic recovery in the second half of 2022, given the policy rate hike trend in the second half of this year.
Cryptocurrencies account for less than 1% of HNW investors portfolio in Asia-Pacific
Alternative investments account for 12% of the high-net worth individuals’ (HNWI) investment portfolio in Asia-Pacific, with cryptocurrencies accounting for a mere 0.7% share, says GlobalData, a leading data and analytics company.