Lazada Thailand Posts Profit Surge Amid Ecommerce Strategy Shift

Lazada Thailand Posts Profit Surge Amid Ecommerce Strategy Shift

Lazada Thailand achieved a revenue of 38 billion Thai Baht in 2022 and turned profitable, largely attributed to the contribution of Lazada Express. Facing challenges from competitors like Shopee's profitability strategies and reduced consumer spending, Lazada needs to optimize its operations, enhance user experience, and explore new growth opportunities. This is crucial for maintaining its competitive edge in the highly competitive Thai e-commerce market.

01/07/2026 Logistics Industry Insights
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Thailand Seeks Indian Tourists Via Air Bubbles to Boost Tourism

Thailand Seeks Indian Tourists Via Air Bubbles to Boost Tourism

The Tourism Authority of Thailand (TAT) has established an 'Air Travel Bubble' agreement with India, aiming to revitalize Thailand's tourism image and attract high-value Indian tourists. By implementing health certification systems, upgrading safety measures, and launching targeted marketing campaigns for high-spending consumers, TAT is actively promoting tourism recovery and creating new growth opportunities for businesses. This initiative focuses on rebuilding confidence and showcasing Thailand as a safe and attractive destination for Indian travelers seeking premium experiences.

01/05/2026 Logistics Industry Insights
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Thailand Sierra Leone Join Revised Kyoto Convention Enhancing Global Trade

Thailand Sierra Leone Join Revised Kyoto Convention Enhancing Global Trade

The Revised Kyoto Convention (RKC) has surpassed 100 contracting parties, with Thailand and Sierra Leone's accession further boosting global trade facilitation. The convention aims to simplify and harmonize customs procedures by applying information technology and risk management, improving customs efficiency and reducing trade costs. The World Customs Organization (WCO) actively promotes the RKC's implementation and encourages more members to join, fostering global trade prosperity. The growing number of signatories demonstrates the international commitment to streamlined customs processes and enhanced trade efficiency.

01/07/2026 Customs Knowledge
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Chinathai Trade Key Factors Shaping Sea Freight Costs

Chinathai Trade Key Factors Shaping Sea Freight Costs

This article delves into the key factors influencing shipping prices from China to Thailand, including shipping routes, cargo types, packaging methods, and transit times. It explores ways to obtain the most competitive quotes. Furthermore, it examines the future development trends of China-Thailand shipping services in the context of digitalization and green initiatives. The analysis provides insights into optimizing costs and navigating the complexities of cross-border logistics between China and Thailand.

01/15/2026 Logistics
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Tmbthanachart Bank Simplifies SWIFT Codes for Global Transfers

Tmbthanachart Bank Simplifies SWIFT Codes for Global Transfers

This article provides a detailed overview of TMBThanachart Bank's SWIFT code in Thailand. It covers the structure of the code, its common use cases, methods for finding the correct code, and crucial steps to avoid errors during international money transfers. Understanding this information is essential for ensuring secure and timely cross-border remittances, allowing funds to reach the recipient quickly and without unnecessary delays or complications. It's a practical guide for anyone needing to send money to or receive money from TMBThanachart Bank.

09/02/2025 International Settlement
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SCB Simplifies SWIFT Transfers With Updated Codes

SCB Simplifies SWIFT Transfers With Updated Codes

This article provides a detailed overview of the SWIFT code for Siam Commercial Bank (SCB) in Thailand, emphasizing the usage of the primary code SICOTHBKXXX and highlighting the importance of branch code variations. It also offers practical tips for international money transfers, aiming to help readers avoid remittance issues caused by incorrect SWIFT codes. The goal is to ensure the safe and rapid arrival of funds to the recipient. Understanding these codes is crucial for smooth and secure cross-border transactions involving SCB.

09/02/2025 International Settlement
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