Showing 1 - 10 of 215
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.
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.
Thai exports expected to improve in H2
Business, Phusadee Arunmas, Published on 28/06/2023
» Thai export prospects should improve in the second half of this year as the global economy recovers and conditions are enhanced among trading partners, says the Commerce Ministry.
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.
Inflation declines to 21-month low
Business, Phusadee Arunmas, Published on 07/06/2023
» The country's rate of inflation last month plunged to a 21-month low attributed to decreasing fuel prices and electricity bills as well as a high price base in May last year, with the rate expected to continue easing in June.
Shippers still buoyant on export outlook
Business, Phusadee Arunmas, Published on 07/06/2023
» The Thai National Shippers' Council (TNSC) still believes exports can eke out growth of 0-1% this year, as it urges swift establishment of a new government to spur the country's trade competitiveness and address economic issues.
Food industry looks to the future
Business, Phusadee Arunmas, Published on 06/06/2023
» Thailand's future food industry is projected to grow 5% this year, driven by emerging trends and increasing demand for healthier and more environmentally friendly food options.
Ministry maintains export target despite stagnation
Business, Phusadee Arunmas, Published on 31/05/2023
» The Commerce Ministry is keeping its export growth target of 1-2% this year despite Thai shipments falling for a seventh consecutive month in April.
Uptick in consumer confidence persists
Business, Phusadee Arunmas, Published on 12/05/2023
» Consumer confidence in April rose for an 11th straight month, reaching the highest level in 38 months, helped by a reduction in Covid-19 infections, the recovery of domestic tourism and lively election campaigns nationwide.
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.