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Search Result for “decline”

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BUSINESS

Songkran spending set to fall this year

Business, Kuakul Mornkum, Published on 10/04/2026

» The University of the Thai Chamber of Commerce (UTCC) has revised down its forecast for this year's Songkran spending to as low as 120 billion baht, from 129.6 billion baht, citing rising diesel prices.

BUSINESS

Songkran spending set to fall this year

Kuakul Mornkum, Published on 09/04/2026

» The University of the Thai Chamber of Commerce (UTCC) has revised down its forecast for this year’s Songkran spending to as low as 120 billion baht, from a previous 129.6 billion baht, citing rising diesel prices.

BUSINESS

Thai restaurants look to Asian visitors to make up demand shortfall

Business, Kuakul Mornkum, Published on 09/04/2026

» Despite worries from Thailand's tourism sector that the Middle East war could reduce the number of long-haul travellers, two restaurant operators remain optimistic.

BUSINESS

Retailers feel pinch as fuel prices spike

Business, Kuakul Mornkum, Published on 27/03/2026

» A fuel shortage and a recent surge in prices have caused logistics chaos for provincial retail and wholesale operators, sparking concerns it will reduce foot traffic during the upcoming Songkran festival in April.

BUSINESS

Centre flags war risk to Thai growth

Business, Kuakul Mornkum, Published on 14/03/2026

» A worst-case scenario for the Middle East conflict, which is war dragging on without a clear end, would reduce Thai GDP by 2.31 percentage points, according to the Center for Economic and Business Forecasting at the University of the Thai Chamber of Commerce (UTCC).

BUSINESS

War to take toll on local marketing allocations

Kuakul Mornkum, Published on 07/03/2026

» Marketing spending is likely to decline further as geopolitical conflicts influence consumer sentiment, according to the Marketing Association of Thailand (MAT).

BUSINESS

Conveyor belt sushi rises as Japanese dining cools

Business, Kuakul Mornkum, Published on 20/02/2026

» Conveyor belt sushi restaurants in Thailand have growth potential, while the overall Japanese restaurant sector is expected to see flat growth this year, says MAI-listed Maguro Group Plc.

BUSINESS

Electrical goods sales flat due to stagnant economy

Business, Kuakul Mornkum, Published on 11/02/2026

» The sluggish economy continues to cast a shadow over Thailand's electrical appliance industry this year, though warm weather and the World Cup may propel sales.

BUSINESS

Restaurants face a rough 2026

Business, Kuakul Mornkum, Published on 07/02/2026

» The restaurant industry continues to face several challenges this year, as tourism has not fully recovered, labour shortages persist and costs remain high.

BUSINESS

Headline inflation set to see slight rise

Business, Kuakul Mornkum, Published on 08/01/2026

» Average headline inflation is expected to rise slightly in 2026, driven by increasing prices of agricultural products and the recovery of the tourism sector, according to the Trade Policy and Strategy Office (TPSO).