Showing 1 - 10 of 48
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%.
Ministry upbeat on business registrations
Business, Phusadee Arunmas, Published on 06/03/2024
» The Commerce Ministry is optimistic about new business registrations this year, driven by a rebound in the tourism sector and related business, e-commerce, and electric vehicles (EV) and related businesses.
Cabinet okays another B560bn in borrowing for 2024
Business, Phusadee Arunmas, Published on 14/02/2024
» The cabinet yesterday approved an additional 560 billion baht in new borrowing for fiscal 2024, bringing total new borrowing for the fiscal year to more than 754 billion.
Thai Chamber of Commerce calls for rate cut at next meeting
Business, Phusadee Arunmas, Published on 09/02/2024
» The Thai Chamber of Commerce (TCC) hopes the Bank of Thailand will reduce interest rates at its next meeting, noting that the economy is recovering but remains fragile.
State spending to rise by 3.4% to B3.6tn
Business, Phusadee Arunmas, Published on 17/01/2024
» The cabinet has approved a budget of 3.6 trillion baht for fiscal 2025, with the budget deficit expanding to 713 billion baht.
Analyst cuts Thai growth projection
Business, Phusadee Arunmas, Published on 29/09/2023
» The University of the Thai Chamber of Commerce (UTCC) has trimmed its economic growth forecast for this year to 3%, down from 3.6% estimated in December last year, primarily because of lower than expected exports and delays in state budget preparation.
Mother's Day spending projected to dip by 2.3%
Business, Phusadee Arunmas, Published on 09/08/2023
» Spending on Mother's Day is expected to drop slightly by 2.3% this year to 10.6 billion baht as consumers remain concerned about the economy.
NESDC prunes 2023 growth view to 2.7-3.7%
Business, Phusadee Arunmas, Published on 18/02/2023
» The government's planning unit has downgraded its economic growth forecast to 2.7-3.7% for this year from 3-4% estimated in November last year, largely attributed to the global slowdown and declining exports.
Tourism forecast in line for upgrade as Chinese return
Business, Phusadee Arunmas, Published on 10/01/2023
» The state planning unit looks set to upgrade its forecasts for tourism revenue and arrival numbers as it expects a surge of visitors from China after the country reopened its borders.
Fiscal 2024 budget wins approval of state agencies
Business, Phusadee Arunmas, Published on 05/01/2023
» Four state economic agencies endorsed the framework of the fiscal 2024 budget on Wednesday, with state expenditure set at 3.35 trillion baht and a budget deficit of 593 billion baht.