Showing 1 - 10 of 295
Consumer confidence takes a hit from high living costs
Business, Phusadee Arunmas, Published on 16/05/2024
» The consumer confidence index declined for a second consecutive month in April, attributed to a slow and uneven economic recovery and higher living costs, according to a survey by the University of the Thai Chamber of Commerce (UTCC).
Inflation rises after 7 months of falling prices
Business, Phusadee Arunmas, Published on 04/05/2024
» Inflation in Thailand last month was positive for the first time in seven months after the government permitted retailers to raise the price of diesel, while the prices of fresh food and vegetables increased thanks to the recent heatwave.
Consumer confidence slips for first time in 8 months
Business, Phusadee Arunmas, Published on 11/04/2024
» Consumer confidence fell for the first time in eight months in March, attributed to a slow economic recovery and higher living costs, according to a survey by the University of the Thai Chamber of Commerce (UTCC).
Ministry seeks to boost SME funding
Business, Phusadee Arunmas, Published on 28/03/2024
» The Commerce Ministry is pushing small and medium-sized enterprises (SMEs) to take advantage of the Secured Transaction Act by using assets with economic value such as machinery, high-value trees and intellectual property as collateral to secure loans.
Consumer confidence still rising
Business, Phusadee Arunmas, Published on 08/03/2024
» Thai consumer confidence rose in February, reaching its highest level in 48 months as government stimulus measures and a rebound in tourism revitalised economic activities, according to a survey released yesterday.
Ministry upbeat on business registrations
Business, Phusadee Arunmas, Published on 06/03/2024
» The Commerce Ministry is optimistic about new business registrations this year, driven by a rebound in the tourism sector and related business, e-commerce, and electric vehicles (EV) and related businesses.
Export outlook still rosy
Business, Phusadee Arunmas, Published on 24/02/2024
» Following a quicker uptick in exports than expected in January, the Commerce Ministry expects continued expansion, driven by the global economic recovery, easing of worldwide inflation, food security measures pushed by several countries, and tightened regional economic cooperation.
PM wants rate cuts sped up
News, Phusadee Arunmas, Published on 21/02/2024
» Prime Minister Srettha Thavisin has urged the Bank of Thailand's (BoT) Monetary Policy Committee (MPC) to call a special session to consider cutting interest rates without having to wait until April.
Chamber of Commerce foresees 2-3% expansion in exports in 2024
Business, Phusadee Arunmas, Published on 20/02/2024
» The University of the Thai Chamber of Commerce (UTCC) forecasts exports to rebound to an expansion of 2-3% this year, with the value ranging from US$290 billion-293 billion, or an average of 2.5%, equivalent to $291.6 billion, from a contraction of 1% last year.
Minister nudges industry towards sustainability for exports
Business, Phusadee Arunmas, Published on 15/02/2024
» The Thai automotive industry is being urged to speed up the transition to new global regulations, which emphasise sustainability and clean energy, while leveraging free trade agreements (FTAs) to hone their competitive edge.