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BUSINESS

Consumers buoyant about tourism

Business, Phusadee Arunmas, Published on 12/04/2023

» Consumer confidence rose for the 10th straight month in March, reaching the highest level in 37 months, boosted by the positive impact of easing Covid-19 outbreaks and the recovery of domestic tourism, which has left consumers feeling happier and more optimistic.

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BUSINESS

Demystifying sticky Thai goods prices

Business, Phusadee Arunmas, Published on 01/03/2023

» Thailand may be unique in handling the domestic prices of products and services. Whenever manufacturers and business operators shoulder higher production costs and ask state units for permission to raise their prices, the Internal Trade Department always rushes to call a joint meeting with them.

BUSINESS

Council to extend biofuel subsidies by two years

News, Phusadee Arunmas, Published on 10/09/2022

» The National Energy Policy Council (NEPC) has approved a proposal to extend a price subsidy programme for fuel oil mixed with biofuel for another two years, after an associated plan to gradually decrease subsidies over the past two years has yet to be achieved.

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BUSINESS

Government moves to tame fuel crisis

News, Phusadee Arunmas, Published on 12/08/2022

» The government will roll out a set of measures to ease the economic impact of the global fuel crisis caused by the Russia-Ukraine war, said Krisada Chinavicharana, permanent secretary of the Finance Ministry.

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BUSINESS

2022 rice exports to reach 7.5m tonnes

Business, Phusadee Arunmas, Published on 15/12/2021

» Thailand set a target for rice exports of 7-7.5 million tonnes next year, up from an estimated 6 million tonnes this year, helped by sufficient water supply and a weak baht, making Thai grains more competitive.

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BUSINESS

Keen to upgrade Thailand's defining industry

Business, Phusadee Arunmas, Published on 27/11/2021

» Rice has been Thailand's dominant cash crop for decades, using more than half of the arable land as well as the labour force in Thailand.

BUSINESS

Asean scrambles to set trade competition rules

Business, Phusadee Arunmas, Published on 14/10/2021

» Asean members are set to review trade competition regulations as concerns about fast-changing business structures grow, driven by the pandemic.

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BUSINESS

Exports continue growth in August, but slacken pace

Business, Phusadee Arunmas, Published on 25/09/2021

» Exports rose in August at a slower pace than the previous month, attributed to the government's tighter restrictions affecting manufacturing and logistics systems.

BUSINESS

Office warns SMEs of tougher competition

Business, Phusadee Arunmas, Published on 04/09/2021

» The Office of Trade Competition Commission (OTCC) has sounded the alarm on escalating risks of trade competition, especially for small and medium-sized enterprises (SMEs) reeling from the Covid-19 crisis.

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BUSINESS

Scattered beans make for a heady brew

Business, Phusadee Arunmas, Published on 28/08/2021

» Businesses remain hamstrung by the pandemic, leading many enterprises to freeze their investment, especially small firms struggling with harsh financial difficulties.