supply chain
- Technology News
How the blockchain can benefit Thai businesses
Small to medium enterprises (SMEs) undoubtedly form the structural foundation of many global economies, they contribute up to 40% of national revenue and create upwards of 70% of employment roles. Nevertheless, they frequently encounter significant hurdles, including obtaining financial access. This is where blockchain is introduced as a catalyst for change, set to redefine the vista of the business landscape.…
- Business News
Customs facilitation reform urged by Thailand’s finance minister to boost automotive sector
Finance Minister Arkhom Termpittayapaisith recently issued an appeal to the Customs Department of Thailand to streamline the customs facilitation formalities for both exports and imports. His appeal is aimed especially at boosting the activity of the automotive field. Following a discussion held with a group of investors from Japan in the core of June, Arkhom instructed the department to better…
- World News
Asia-Pacific markets to gain from US-Europe supply chain diversification
Asia-Pacific emerging markets are predicted to gain from the ongoing supply chain decoupling, as analysts highlight the US and Europe’s efforts to diversify risks in security-related sectors. Steven Cochrane, Moody’s Analytics chief Asia-Pacific economist, recently discussed the decoupling between the US and China within intermediate goods production during an online event. He explained that incentives, rather than government policies, are…
