Showing 1-10 of 58 results
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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.
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Thai consumer confidence up for sixth month in a row
Business, Phusadee Arunmas, Published on 14/02/2024
» Consumer confidence rose for a sixth consecutive month in January, reaching the highest level in 47 months since March 2020, propped up by the government's stimulus measures to propel spending and reduce electricity and fuel prices.
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Chamber cuts 2023 growth view
Business, Phusadee Arunmas, Published on 03/01/2024
» The University of the Thai Chamber of Commerce (UTCC) has trimmed its economic growth estimate for 2023 to 2.5%, down from the earlier forecast of 3% it made in October last year, while projecting growth of 3.2% this year.
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Tourism businesses set to soar in 2024
Business, Phusadee Arunmas, Published on 16/12/2023
» Businesses associated with tourism, health, lifestyle and digital software services are considered promising for the upcoming year, according to the Business Development Department.
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TCC says new economic model a must
Phusadee Arunmas, Published on 20/11/2023
» The Thai Chamber of Commerce (TCC) has urged Prime Minister Srettha Thavisin to reform the nation by introducing a new economic model.
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NESDC prunes 2023 growth view to 2.7-3.7%
Business, Phusadee Arunmas, Published on 18/02/2023
» The government's planning unit has downgraded its economic growth forecast to 2.7-3.7% for this year from 3-4% estimated in November last year, largely attributed to the global slowdown and declining exports.
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Economic gains ease cost pressure on producers
Business, Phusadee Arunmas, Published on 17/02/2023
» The Commerce Ministry insists pressure on domestic manufacturers to raise product prices has declined as sales improve, the government issues stimulus measures, discount campaigns are organised nationwide by the ministry to reduce the cost of living, and a surge of foreign tourist arrivals drives economic activities.
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Cabinet endorses B300 visitor fee to improve standards
Business, Phusadee Arunmas, Published on 15/02/2023
» The cabinet yesterday approved the collection of a 300-baht tourism fee from foreigners visiting Thailand by air, along with a 150-baht fee for visitors by land or sea, expected to start in June this year.
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'Grey' businesses facing crackdown
Business, Phusadee Arunmas, Published on 14/02/2023
» The Commerce Ministry is investigating 200 companies suspected of acting as nominees for foreign businesses in a move to curb the so-called "grey" market, with a particular focus on restaurants and tourism-related business in four notorious areas of Bangkok.
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Confidence at 26-month high
Business, Phusadee Arunmas, Published on 10/02/2023
» Consumer confidence rose to the highest level in 26 months in January, driven by the economic recovery, a surge in foreign tourist arrivals and the easing of the pandemic.
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