Showing 1 - 10 of 184
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.
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.
Japan tops business development list
Business, Phusadee Arunmas, Published on 21/06/2023
» Foreign investment tallied 45.4 billion baht in the first five months of this year, with Japan topping the list in terms of spending to develop businesses in Thailand.
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.
Consumer confidence ticks up in May
Business, Phusadee Arunmas, Published on 09/06/2023
» Consumer confidence rose for a 12th straight month in May and hit the highest level since March 2020, boosted by a gradually recovering economy and a resilient tourism sector.
Commerce Ministry aims to stimulate exports in H2
Business, Phusadee Arunmas, Published on 26/05/2023
» The Commerce Ministry wants to increase the value of exports by another 19.4 billion baht (around US$550 million) in the second half, providing support through the hosting of up to 350 export stimulus activities.
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.
Agencies predict economic uptick
Business, Phusadee Arunmas, Published on 12/04/2023
» Prime Minister Prayut Chan-o-cha is feeling upbeat regarding Thailand's economic recovery, citing the forecasts of several reputable economic agencies including the Asian Development Bank (ADB) and Japan Center for Economic Research (JCER) that anticipate a rebound in 2023 and 2024.
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).
Thais urged to monitor rates
Business, Phusadee Arunmas, Published on 17/03/2023
» Thai exporters and importers are being advised to closely monitor the exchange rate and develop appropriate strategies to cope with the impact of short-term foreign exchange fluctuations.