Showing 1-10 of 149 results
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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.
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Tourism firms cash in on travel boom
Business, Phusadee Arunmas, Published on 23/06/2023
» Tourism-related businesses continued to thrive during the first five months of this year, especially foreign currency exchanges, travel agencies, tour guides, restaurants, and hotel, resort and condo companies.
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Ministry vows to keep tabs on prices
Business, Phusadee Arunmas, Published on 27/05/2023
» During the transition period ahead of the formation of a new government, the Commerce Ministry has pledged to stay vigilant in monitoring and controlling the domestic prices of goods and services to prevent any impact on consumers.
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Thailand urged to focus on wellness
Business, Phusadee Arunmas, Published on 06/05/2023
» Thailand's health economy boasts very high growth potential as the world is increasingly aware of the importance of health and self-care, according to a Commerce Ministry study.
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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.
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Consumers buoyant about tourism
Business, Phusadee Arunmas, Published on 12/04/2023
» Consumer confidence rose for the 10th straight month in March, reaching the highest level in 37 months, boosted by the positive impact of easing Covid-19 outbreaks and the recovery of domestic tourism, which has left consumers feeling happier and more optimistic.
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Ministries told to monitor prices at hotels, eateries
Business, Phusadee Arunmas, Published on 30/03/2023
» Prime Minister Prayut Chan-o-cha has directed relevant agencies to keep an eye on prices at hotels and restaurants, which have reportedly skyrocketed following the rapid recovery of tourism.
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Call to list air pollution on national agenda
Business, Phusadee Arunmas, Published on 20/03/2023
» The Thai Chamber of Commerce has proposed PM2.5 ultra-fine dust pollution be elevated to an urgent national agenda item, noting it affects the health of residents and dents confidence in tourism, particularly among long-term visitors and groups visiting the country to mix work and leisure.
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Consumer confidence reaches three-year high
Business, Phusadee Arunmas, Published on 10/03/2023
» Consumer confidence increased for the ninth straight month in February, boosted by recovering tourism, government stimulus measures, and the baht's weakness.
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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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