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GENERAL

Thai Chamber of Commerce calls for rate cut at next meeting

Business, Phusadee Arunmas, Published on 09/02/2024

» The Thai Chamber of Commerce (TCC) hopes the Bank of Thailand will reduce interest rates at its next meeting, noting that the economy is recovering but remains fragile.

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GENERAL

Ministry pushes efforts for Thai small enterprises

Business, Phusadee Arunmas, Published on 10/02/2024

» The Commerce Ministry wants to expedite nine initiatives aimed at strengthening small and medium-sized enterprises (SMEs), starting with two focused on job creation via franchising and stimulating domestic purchasing power.

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GENERAL

Thai rice exports face fraught year ahead

Business, Phusadee Arunmas, Published on 08/02/2024

» Myriad risk factors still loom over rice exports this year, notably the volatility of exchange rates, the declining competitiveness of Thai rice, intense price competition, the impact of the El Niño weather phenomenon, and India's restrictive export policy, according to the Thai Rice Exporters Association.

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GENERAL

Upcoming gems fair forecast to generate at least B3.3bn

Business, Phusadee Arunmas, Published on 08/02/2024

» The 69th edition of the Bangkok Gems and Jewelry Fair (Bangkok Gems) is slated to take place from Feb 21-25 at Queen Sirikit National Convention Center.

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GENERAL

Council maintains export forecast for 2024 at 1-2%

Business, Phusadee Arunmas, Published on 07/02/2024

» The Thai National Shippers' Council (TNSC) is maintaining its export forecast at 1-2% this year.

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INVESTMENT

BoI sees dramatic jump in investments

Business, Phusadee Arunmas, Published on 07/02/2024

» Applications for investment promotion in 2023 soared to a five-year high of 848 billion baht, an increase of 43% from the previous year's adjusted number, fuelled by substantial foreign investments within the five priority sectors outlined in the Board of Investment's (BoI) new Investment Promotion Strategy.

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GENERAL

Headline inflation dips 4 months in a row

Business, Phusadee Arunmas, Published on 06/02/2024

» Headline inflation declined for a fourth consecutive month in January, reaching its lowest level in 35 months, as the Commerce Ministry expects the trend to continue in February and March thanks to government measures to reduce the cost of living.

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GENERAL

Spending mood upbeat ahead of holiday

Business, Phusadee Arunmas, Published on 06/02/2024

» Spending among Thai residents during the Chinese New Year festival, which starts on Thursday this week, is expected to reach the highest level in 11 years thanks to the country's economic recovery after the pandemic.

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GENERAL

Move to tap into Blue Flag outlets

Business, Phusadee Arunmas, Published on 06/02/2024

» The Internal Trade Department is partnering with Thailand Post to utilise the country's network of Blue Flag (Thong Fah) low-priced stores to serve as drop-off points for goods from farmers, small and medium-sized enterprises (SMEs) and the public.

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GENERAL

State smooths deals for onion, garlic

Business, Phusadee Arunmas, Published on 03/02/2024

» A government agency says the price of goods is stable, with slight reductions for fresh vegetables, root crops, eggs and chicken categories.