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The conundrum of low Thai inflation
Business, TMB Analytics, Published on 07/07/2017
» Subdued inflation in recent years might raise concern about the health of the Thai economy in general. In the past three years, inflation in Thailand has been almost the lowest among Asean countries. A casual observer might blame this on the tepid economy, leading to weak demand that has subsequently reduced price pressure.
Reviving Thailand's automotive industry: beyond across-the-board tax incentives
Business, TMB Analytics, Published on 07/04/2017
» Given its ambition to be the Detroit of Asia, Thailand has long sought to assert its comparative advantage in the regional automotive industry. The first-car buyer programme in 2012-13 was one example of a major catalyst that induced a heady state of exuberance, albeit temporary, in the industry. Lured by tax rebates of up to 100,000 baht, about 1.25 million people signed up. Car sales reached a record 1.44 million units in 2013, compared with average yearly sales of around 800,000.