Showing 1 - 10 of 447
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.
Thailand's inequality remains entrenched
Business, Phusadee Arunmas, Published on 27/06/2023
» The Thai economy is suffering from widening inequality, with the proportion of poor people still hovering at 6-8% of the total, particularly in the agricultural sector.
Timor-Leste given roadmap for Asean
News, Phusadee Arunmas, Published on 15/06/2023
» The Association of Southeast Asian Nations (Asean) has endorsed a roadmap outlining steps for Timor-Leste to become the bloc's 11th member, a move that will benefit Thailand economically, a senior official at the Ministry of Foreign Affairs said on Wednesday.
Chamber puts spotlight on urgent issues
Business, Phusadee Arunmas, Published on 01/06/2023
» The Thai Chamber of Commerce highlighted three urgent issues in talks held on Wednesday, with expediting the formation of a new government the priority to ensure the continuity of budget allocation.
Victorious parties urged to move fast
Business, Phusadee Arunmas, Published on 16/05/2023
» The business sector is calling for a new government to be quickly established and its policies to be agreed upon by the coalition parties, saying this will greatly affect the country's confidence.
Institute upbeat on food export outlook
Business, Phusadee Arunmas, Published on 11/05/2023
» Thai food exports have a promising outlook this year, with shipments forecast to eke out growth of 2.1% to 1.5 trillion baht despite economic uncertainty in developed markets, inflationary pressure, foreign exchange volatility, rising production costs and drought.
Exports value dips for sixth month in a row
Business, Phusadee Arunmas, Published on 27/04/2023
» Though Thai exports fell for a sixth consecutive month in March and the global economy remains sluggish, the Commerce Ministry remains confident shipments can meet the growth target of 1-2% this year.
Ministry details soft power initiative
Business, Phusadee Arunmas, Published on 17/04/2023
» The Commerce Ministry has pledged to move ahead with measures to drive the government's soft power development policy, with a focus on promoting Thai cultural products worldwide through a "5F" approach, referring to food, film, fashion, fighting and festivals.
Songkran spending to surge to B125bn
Business, Phusadee Arunmas, Published on 05/04/2023
» Spending sentiment for the upcoming Songkran festival is expected to be lively as people have been hesitant for many months, but the country's economy is showing signs of recovery, driven by rapidly reviving tourism.
Firms unfazed by US woes
Business, Phusadee Arunmas, Published on 22/03/2023
» The collapse of US banks is expected to have only a minor impact on Thai companies and the overall Thai economy, according to the latest business survey by the University of the Thai Chamber of Commerce (UTCC).