Showing 1 - 10 of 1,028
Consumers upbeat for 13th month
Business, Phusadee Arunmas, Published on 14/07/2023
» Consumer confidence rose for a 13th straight month in June and posted the highest level in 40 months since March 2020, driven by a resilient tourism sector and increasing agricultural product prices.
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.
Premier delay will affect fiscal budget
Business, Phusadee Arunmas, Published on 12/07/2023
» The implementation of the fiscal 2024 budget, starting on Oct 1, will be delayed if the new prime minister and government are not appointed within this month, according to the Budget Bureau.
High potential for rice exports in H2
Business, Phusadee Arunmas, Published on 11/07/2023
» Thailand could ship up to 9 million tonnes of rice this year because of a surge in demand, driven by concerns over the potential impact of the El Niño weather phenomenon.
Shipments to China forecast to grow 1%
Business, Phusadee Arunmas, Published on 11/07/2023
» Despite China's slow economic recovery, the Commerce Ministry still expects Thai exports to the mainland to eke out 1% growth this year to US$3.47 billion.
Exports to Korea set to rise 2% this year
Business, Phusadee Arunmas, Published on 07/07/2023
» Thailand expects exports to South Korea to increase by 2% this year to US$6.52 billion, partially helped by a deeper trade partnership through a so-called mini-free trade agreement (mini-FTA) with the South Korean provinces of Gyeonggi and Pusan.
Private sector lauds speaker choice
Business, Phusadee Arunmas, Published on 05/07/2023
» Business leaders are expecting a smoother path for the Move Forward Party (MFP) and its seven political party allies to form a government and deal with economic challenges after settling on a House speaker.
Shippers lower exports forecast
Business, Phusadee Arunmas, Published on 05/07/2023
» The Thai National Shippers' Council (TNSC) has trimmed its exports forecast to a range of -0.5% to 1% growth, compared with 0-1% growth previously, based on high uncertainty surrounding major trading partners the US, the EU and China, in addition to relatively high global interest rates.
Fruit tie-up focuses on home supply
Business, Phusadee Arunmas, Published on 01/07/2023
» With fruit supply from the southern region entering the market, the Internal Trade Department is establishing partnerships with housing projects and condos, in addition to wholesale and retail stores, local markets, traders and exporters, to directly buy fruit.
Rubber sector urged to adapt to cope with global challenges
Business, Phusadee Arunmas, Published on 30/06/2023
» Rubber farmers, entrepreneurs and exporters are being advised to swiftly adapt to various challenges, including geopolitical conflicts and environmental measures that may impact agricultural trade, as well as European Union (EU) laws regarding products and deforestation.