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BUSINESS

Confidence at 26-month high

Business, Phusadee Arunmas, Published on 10/02/2023

» Consumer confidence rose to the highest level in 26 months in January, driven by the economic recovery, a surge in foreign tourist arrivals and the easing of the pandemic.

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THAILAND

PM readying 'NY gifts' to boost spending

News, Phusadee Arunmas, Published on 07/12/2022

» Prime Minister Prayut Chan-o-cha on Tuesday confirmed which "New Year gifts", including shopping and tourism stimulus schemes, would be submitted to the cabinet after he returns from an official trip to Europe in Brussels next week.

BUSINESS

New stimulus planned in effort to keep recovery rolling

Business, Phusadee Arunmas, Published on 19/10/2022

» The government is planning to roll out a number of measures as "New Year gifts" at the end of the year, including an extension of the "Khon La Khrueng" co-payment scheme and the "Shop Dee Mee Khuen" tax rebate scheme.

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BUSINESS

Shippers' group poised to revise up forecast for export growth

Business, Phusadee Arunmas, Published on 03/08/2022

» The national shippers' group looks set to raise its export growth forecast next month after the country registered a robust export growth of 12.7% in the first half, boosted by rising global food demand, higher prices and the baht's weakness.

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BUSINESS

Producers' plea for price bump ignored

Business, Phusadee Arunmas, Published on 09/07/2022

» Despite manufacturers' insistence on the need to increase their product prices to cope with higher production and raw material costs, the Commerce Ministry remains adamant that prices should remain frozen.

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BUSINESS

Roof producers seek AD waiver extension

Business, Phusadee Arunmas, Published on 24/05/2022

» Thai steel roofing producers have called on the Commerce Ministry to help extend anti-dumping (AD) duty waivers or scrap the AD measures on imported steel used in metal sheet production.

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BUSINESS

Chicken added to price control list

Business, Phusadee Arunmas, Published on 20/01/2022

» The Commerce Ministry is putting chickens and chicken meat on the state price control list and rolling out more stringent measures for chicken raisers and slaughterhouses as well as feed meal factories, requiring them to declare their sales costs and stocks as part of efforts to deal with surging food prices.

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BUSINESS

Spending to drop by B50bn a month

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

» Consumer spending is expected to decline by up to 50 billion baht a month as a result of the new outbreak of Covid-19 which also threatens to cause a further drop in the Consumer Confidence Index over the next three months, says the University of the Thai Chamber of Commerce (UTCC).

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BUSINESS

Consumer prices still declining

Business, Phusadee Arunmas, Published on 06/03/2021

» The consumer price index (CPI), a gauge of headline inflation, fell 1.17% year-on-year in February, marking the 12th straight monthly decline since March 2020.

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BUSINESS

Modern trade index fell in Q4 of 2020

Business, Phusadee Arunmas, Published on 04/02/2021

» Modern trade sentiment remained downbeat in the fourth quarter last year, falling to a two-year low as operators were concerned about the crisis and the relatively weak purchasing power among local consumers.