Showing 1-10 of 46 results
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CEOs voice concerns for 2024
Business, Post Reporters, Published on 02/01/2024
» Thailand is projected to post slow economic growth in the near future compared with pre-pandemic rates. Several public and private agencies have GDP forecasts for 2024 ranging from 3-3.4%, excluding implementation of the government's digital wallet scheme.
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A year of milestones
Business, Post Reporters, Published on 26/12/2023
» As 2023 concludes, the year stands out for a multitude of noteworthy events and news.
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Soft power sells best when not force-fed
Arusa Pisuthipan, Published on 07/08/2023
» South Korea knows how to sell its products. Apart from K-entertainment, the country has also popularised K-merchandise through pop culture. From fried chicken and ramyeon cup noodles to egg drop sandwiches and soju, instant coffee and dietary supplements, we have seen countless products from South Korea in series and movies successfully create a huge customer base in Thailand.
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Exports seen contracting 10% y/y in Q1
Reuters, Published on 04/04/2023
» Thailand's exports are likely to show a contraction of 10% in the first quarter of this year from a year earlier, bigger than a previous forecast drop of 8%, the country's shippers' council said on Tuesday.
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Bank of Thailand still upbeat despite headwinds
Business, Somruedi Banchongduang, Published on 03/11/2022
» The Thai economy will face more challenges next year amid global uncertainties, but its recovery remains on track, according to a Bank of Thailand (BoT) executive.
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Asian shares advance as oil prices retreat
Business, Nuntawun Polkuamdee, Published on 06/08/2022
» RECAP: Asian equities mostly rose yesterday as a drop in oil prices to pre-Ukraine war levels stirred hopes of a slowdown in inflation and bank interest-rate hikes. But while global markets have enjoyed a broadly positive week, recession worries and Chinese military drills around Taiwan have traders' nerves on edge.
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Foreign e-service firms liable for VAT
Business, Wichit Chantanusornsiri, Published on 13/02/2021
» Starting on Sept 1, overseas businesses providing online services in Thailand will be required to register for the 7% value-added tax (VAT) liability if their annual income exceeds 1.8 million baht, according to a Revenue Department official.
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Rate cut impact limited
Business, Published on 05/12/2019
» Thailand's financial conditions were tighter than the historical average in the third quarter this year despite a policy rate cut by the Monetary Policy Committee (MPC) in August. This reflected persistent baht appreciation, an increase in corporate spreads and a slowdown in corporate borrowing and commercial bank loan growth.
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Yuan’s slump puts Asia’s rate-cutting central banks on alert
Published on 05/08/2019
» China’s decision to weaken its currency amid an escalating trade war will put Asian central banks on the defensive as they gauge how much monetary-policy easing their economies can withstand.
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TCRB sees drop in bad loans
Business, Somruedi Banchongduang, Published on 29/07/2019
» Even though low-income earners are considered higher risk and they are reeling from the country's weaker economy, Thai Credit Retail Bank (TCRB), whose main customers are low-income earners, saw a dip in its bad loan ratio thanks to better financial discipline.
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