Showing 1-10 of 21 results
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UTCC anticipates exports contracting by up to 2.5%
Business, Phusadee Arunmas, Published on 20/07/2023
» Exports this year are likely to contract by between 1.2% and 2.5%, the lowest level in three years, according to the latest forecast by the University of the Thai Chamber of Commerce (UTCC).
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State urged to extend subsidies
Business, Phusadee Arunmas, Published on 05/04/2022
» The Thai Chamber of Commerce has asked the government to continue the "Khon La Khrueng" co-payment subsidies until the end of 2022, end the Test & Go scheme, and quickly reclassify Covid-19 as endemic to boost growth and tamp down signs of stagflation.
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Conflict will cost Thailand B245bn
Business, Phusadee Arunmas, Published on 10/03/2022
» The Russia-Ukraine conflict is estimated to inflict 244.70 billion baht's worth of damage to the Thai economy, dragging GDP growth to only 2-3% this year, if it is extended for the entire year, according to the latest study by the University of the Thai Chamber of Commerce (UTCC).
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Franchising to sink by 10-20%
Business, Phusadee Arunmas, Published on 12/10/2021
» Thailand's franchise industry is likely to contract by as much as 20% this year as the government's tight restrictions to contain Covid-19 infections have dampened business activities for the sector.
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Business sentiment falls even further as woes pile up
Business, Phusadee Arunmas, Published on 08/10/2021
» Thai consumer confidence picked up for the first time in seven months in September, but business sentiment slid further because of consumers' weak purchasing power, battered by the prolonged outbreak.
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Vegetarian festival expected to be pandemic's latest victim
Business, Phusadee Arunmas, Published on 02/10/2021
» Spending at the annual vegetarian festival is expected to be weak this month, forecast to shrink for the first time in 13 years because of the Covid-19 pandemic.
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Consumer confidence dips
Business, Phusadee Arunmas, Published on 05/02/2021
» Consumer sentiment dropped for the second straight month in January, hitting a nine-month low, as people grew concerned about a fresh surge of infections in the country.
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Closed borders worsen labour dearth
Business, Phusadee Arunmas, Published on 31/10/2020
» A labour shortage, particularly in manpower-intensive industries such as agribusiness and food processing, is likely to intensify over the long term as the pandemic makes it difficult for foreign labour to move across borders.
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Consumer confidence rises, stays in low range
Business, Phusadee Arunmas, Published on 08/08/2020
» Consumer confidence picked up for a third straight month in July, boosted by state relief programmes and the continued easing of coronavirus curbs.
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Businesses urge ease in lockdown
Business, Phusadee Arunmas, Published on 12/06/2020
» The business sector keeps urging the government to speed up easing the lockdown measures to allow firms to reopen, particularly those related to tourism and border trade, to help prop up employment.
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