Showing 1 - 10 of 489
Consumers upbeat for 13th month
Business, Phusadee Arunmas, Published on 14/07/2023
» Consumer confidence rose for a 13th straight month in June and posted the highest level in 40 months since March 2020, driven by a resilient tourism sector and increasing agricultural product prices.
Delay poses risks to the economy
Business, Phusadee Arunmas, Published on 14/07/2023
» The University of the Thai Chamber of Commerce (UTCC) expects a prolonged delay in the selection of a prime minister and formation of a new government, leading to protests that, if violent, will significantly affect tourism revenue, causing a loss of 500 billion baht, or a one percentage point decline in GDP.
Premier delay will affect fiscal budget
Business, Phusadee Arunmas, Published on 12/07/2023
» The implementation of the fiscal 2024 budget, starting on Oct 1, will be delayed if the new prime minister and government are not appointed within this month, according to the Budget Bureau.
Shipments to China forecast to grow 1%
Business, Phusadee Arunmas, Published on 11/07/2023
» Despite China's slow economic recovery, the Commerce Ministry still expects Thai exports to the mainland to eke out 1% growth this year to US$3.47 billion.
Private sector lauds speaker choice
Business, Phusadee Arunmas, Published on 05/07/2023
» Business leaders are expecting a smoother path for the Move Forward Party (MFP) and its seven political party allies to form a government and deal with economic challenges after settling on a House speaker.
Shippers lower exports forecast
Business, Phusadee Arunmas, Published on 05/07/2023
» The Thai National Shippers' Council (TNSC) has trimmed its exports forecast to a range of -0.5% to 1% growth, compared with 0-1% growth previously, based on high uncertainty surrounding major trading partners the US, the EU and China, in addition to relatively high global interest rates.
Fruit tie-up focuses on home supply
Business, Phusadee Arunmas, Published on 01/07/2023
» With fruit supply from the southern region entering the market, the Internal Trade Department is establishing partnerships with housing projects and condos, in addition to wholesale and retail stores, local markets, traders and exporters, to directly buy fruit.
Thai exports expected to improve in H2
Business, Phusadee Arunmas, Published on 28/06/2023
» Thai export prospects should improve in the second half of this year as the global economy recovers and conditions are enhanced among trading partners, says the Commerce Ministry.
Tourism firms cash in on travel boom
Business, Phusadee Arunmas, Published on 23/06/2023
» Tourism-related businesses continued to thrive during the first five months of this year, especially foreign currency exchanges, travel agencies, tour guides, restaurants, and hotel, resort and condo companies.
Thailand to unveil 30 rice varieties in 2024
Business, Phusadee Arunmas, Published on 21/06/2023
» Thailand is working to enhance its export competitiveness, accelerating the development of new rice varieties to meet market demand and vowing to introduce 30 new rice varieties next year.