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GENERAL

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).

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GENERAL

JSCCIB puts forward 18 new projects

Business, Phusadee Arunmas, Published on 14/05/2024

» The Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) has proposed 18 development projects in four provinces in the country's lower central region.

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GENERAL

Gem exports eyed for uptick

Business, Phusadee Arunmas, Published on 11/05/2024

» Gem and jewellery exports are expected to grow by 5-10% this year amid global economic uncertainties, says a local trade group.

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GENERAL

Thai food exports expected to see 2% growth this year

Business, Phusadee Arunmas, Published on 10/05/2024

» Thailand expects to stimulate food export growth of 2% this year as it prepares for THAIFEX-Anuga Asia 2024, Asia's leading food and beverage trade show.

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GENERAL

Department seeks to speed up free trade negotiations

Business, Phusadee Arunmas, Published on 09/05/2024

» The Department of Trade Negotiations is pushing for free trade agreement (FTA) negotiations with trading partners to expand trade and investment opportunities as well as strengthen the economy.

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GENERAL

Associations line up to oppose increase in minimum wage

Business, Phusadee Arunmas, Published on 08/05/2024

» The Thai Chamber of Commerce is opposing the government's plan to increase the daily minimum wage to 400 baht for workers nationwide, expected in October.

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GENERAL

Council anticipates 1-2% export growth

Business, Phusadee Arunmas, Published on 08/05/2024

» The Thai National Shippers' Council (TNSC) is confident exports will grow by 1-2% this year and suggested the planned hike in the daily minimum wage must be considered thoroughly, with supportive government measures provided under the wage committee mechanism.

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GENERAL

Thai official helps steer Asean in negotiations with China

Business, Phusadee Arunmas, Published on 06/05/2024

» The Department of Trade Negotiations (DTN) participated in the recent Asean-China Free Trade Area (ACFTA) 3.0 Upgrade Negotiations, aiming to enhance Asean-China trade and investment relations, as well as ensure the free flow of goods and services.

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GENERAL

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.

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GENERAL

Country aims for 2-5% growth in future food exports

Business, Phusadee Arunmas, Published on 01/05/2024

» Thailand is targeting future food export growth of 2-5% this year, driven by the global economic recovery and sustainability trends.