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Search Result for “global economic slowdown”

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BUSINESS

Hotel operators call for restructure of land tax

Business, Narumon Kasemsuk, Published on 17/02/2026

» Hotel operators believe requesting land and building tax discounts on a yearly basis will not help the business sector reduce its fixed‑cost burden in the long run, and urged the government to revise this tax structure to be based on revenue, similar to the previous property tax.

BUSINESS

Council sees tourism as key driver of GDP

Business, Molpasorn Shoowong, Published on 17/02/2026

» The Tourism Council of Thailand (TCT) expects the tourism industry to be a major driver of GDP growth this year as flights and arrivals continue to rebound, though rising untaxed online travel agents and illegal foreign operators continue to limit the full benefits of the rebound.

BUSINESS

NCB frets over potential uptick in informal debt

Business, Somruedi Banchongduang, Published on 17/02/2026

» The National Credit Bureau (NCB) has expressed concern about a potential rise in informal debt amid subdued loan growth in the banking sector and an easing household debt-to-GDP ratio.

BUSINESS

Economy has 'left ICU', says finance chief

Business, Wichit Chantanusornsiri, Nareerat Wiriyapong and Somhatai Mosika, Published on 17/02/2026

» Thailand's economy has now "left the intensive care unit [ICU]", reflected in fourth-quarter growth of 2.5%, which surpassed the earlier projection of 1.8% and lifted full-year 2025 growth to 2.4%, above the 2% forecast, said caretaker finance minister Ekniti Nitithanprapas.

BUSINESS

Emerging markets to triumph in 2026

Business, Nuntawun Polkuamdee, Published on 17/02/2026

» 2026 is expected to see a decisive rotation in global asset allocation, with emerging markets (EM) positioned to outperform developed markets (DM) as the US dollar enters a weakening cycle, according to analysts.

BUSINESS

BoI approves B2.3bn heat-assisted storage project for WD unit

Business, Lamonphet Apisitniran, Published on 17/02/2026

» The Board of Investment (BoI) has approved a 2.3-billion-baht research and development project on heat-assisted magnetic recording (HAMR) technology for Western Digital's Thai unit, Western Digital Storage Technology (Thailand) Co (WD), with the aim of achieving hard disk drive capacities exceeding 100 terabytes (TB) by 2029.

BUSINESS

Epson eyes growing corporate market

Business, Suchit Leesa-nguansuk, Published on 17/02/2026

» Epson (Thailand) Co Ltd is placing greater emphasis on the corporate customer segment, where demand for document management solutions continues to grow, as part of its strategy to achieve at least 5% growth in the company's 2026 fiscal year.

BUSINESS

Nomination nightmare for precious metals

Business, Published on 17/02/2026

» The nomination of Kevin Warsh as the new chairman of the US Federal Reserve turned into a nightmare for the precious metals complex on Jan 30. Prices plummeted at an unprecedented pace as speculators who had fuelled the relentless rally started to sell.

BUSINESS

Baht to remain volatile despite foreign fund flows

Business, Somruedi Banchongduang, Published on 16/02/2026

» Although positive domestic sentiment has supported baht appreciation against the US dollar, the local currency is expected to remain highly volatile amid persistent external uncertainties.

BUSINESS

Digital agency touts operations plan

Business, Komsan Tortermvasana, Published on 16/02/2026

» The Digital Economy Promotion Agency (depa) has outlined its operations plan for this year, dubbed "depa unstoppable" and focusing on continued training of human resources, the promotion of innovation investment and the development of digital infrastructure.