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Search Result for “GDP growth”

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GENERAL

Central bank urged to reduce interest rates

Business, Phusadee Arunmas, Published on 17/09/2024

» The Commerce Minister has urged the Bank of Thailand (BoT) to cut interest rates and maintain the value of the baht, hoping to increase exports and increase GDP.

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GENERAL

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).

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GENERAL

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).

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GENERAL

Call to elevate 10 second-tier provinces

Business, Phusadee Arunmas, Published on 23/04/2024

» The Thai Chamber of Commerce (TCC) has called on the government to promote 10 second-tier provinces as first-tier tourist provinces to expand revenue distribution.

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GENERAL

Inflation view narrows amid fluctuating prices

Business, Phusadee Arunmas, Published on 06/04/2024

» The Commerce Ministry has adjusted the outlook for headline inflation this year to a range of zero to 1.0%, from -0.3 to 1.7%, based on rising energy prices, depreciation of the baht and higher prices for fresh food.

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GENERAL

Ministry seeks to boost SME funding

Business, Phusadee Arunmas, Published on 28/03/2024

» The Commerce Ministry is pushing small and medium-sized enterprises (SMEs) to take advantage of the Secured Transaction Act by using assets with economic value such as machinery, high-value trees and intellectual property as collateral to secure loans.

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GENERAL

University cuts Thai growth forecast

Business, Phusadee Arunmas, Published on 20/03/2024

» The University of the Thai Chamber of Commerce (UTCC) has slashed its Thai economic growth projection for 2024 to 2.6%, down from 3.2%.

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GENERAL

Consumer confidence still rising

Business, Phusadee Arunmas, Published on 08/03/2024

» Thai consumer confidence rose in February, reaching its highest level in 48 months as government stimulus measures and a rebound in tourism revitalised economic activities, according to a survey released yesterday.

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GENERAL

Cabinet sees nation as halal hub

Business, Phusadee Arunmas, Published on 28/02/2024

» The cabinet approved initiatives to make Thailand a halal hub in Southeast Asia by 2028, intending to raise the country's GDP by 1.2%, equivalent to 55 billion baht.

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GENERAL

Agencies address impact of low-end imports on SMEs

Business, Phusadee Arunmas, Published on 22/02/2024

» The Commerce Ministry has delegated the Trade Negotiations Department and the government's "Team Thailand", whose primary responsibility is to support efforts to promote economic growth, to gather in-depth data and examine specific products under the Asean-China Free Trade Agreement (ACFTA) affected by the influx of low-priced Chinese goods.