Showing 1 - 8 of 8
Consumer confidence slips again in June
Business, Phusadee Arunmas, Published on 12/07/2024
» Thai consumer confidence dropped for a fourth straight month in June, falling to its lowest level since October last year on concerns over a global slowdown and political uncertainty, according to a survey carried out by the University of the Thai Chamber of Commerce (UTCC).
Shippers expect growth of 1-2%
Business, Phusadee Arunmas, Published on 03/07/2024
» Despite geopolitical tensions in Europe and the Middle East, the Thai National Shippers' Council (TNSC) expects the value of exports to expand by 1-2% in the second half this year.
Shrinkflation unpacked
Business, Phusadee Arunmas, Published on 06/06/2024
» As manufacturers across various industries seek to cope with rising production costs, many are turning to "shrinkflation" to survive.
Consumer confidence takes a hit from high living costs
Business, Phusadee Arunmas, Published on 16/05/2024
» The consumer confidence index declined for a second consecutive month in April, attributed to a slow and uneven economic recovery and higher living costs, according to a survey by the University of the Thai Chamber of Commerce (UTCC).
Associations line up to oppose increase in minimum wage
Business, Phusadee Arunmas, Published on 08/05/2024
» The Thai Chamber of Commerce is opposing the government's plan to increase the daily minimum wage to 400 baht for workers nationwide, expected in October.
Council anticipates 1-2% export growth
Business, Phusadee Arunmas, Published on 08/05/2024
» The Thai National Shippers' Council (TNSC) is confident exports will grow by 1-2% this year and suggested the planned hike in the daily minimum wage must be considered thoroughly, with supportive government measures provided under the wage committee mechanism.
Inflation rises after 7 months of falling prices
Business, Phusadee Arunmas, Published on 04/05/2024
» Inflation in Thailand last month was positive for the first time in seven months after the government permitted retailers to raise the price of diesel, while the prices of fresh food and vegetables increased thanks to the recent heatwave.
Warning over minimum wage increase
Phusadee Arunmas, Published on 29/04/2024
» The University of the Thai Chamber of Commerce (UTCC) said that if the government raises the minimum daily wage to 400 baht nationwide, it may lead to GDP growing at at a rate below 2.6% and increase the rate of inflation to 3%, affecting consumer purchasing power.