Showing 1 - 10 of 20
Balancing geopolitics
Business, Wichit Chantanusornsiri, Published on 14/10/2024
» Geopolitics has the potential to significantly influence global trade dynamics, particularly as tensions rise and alliances shift among nations.
Thai businesses are concerned about effect on oil prices, shipping costs and the local currency
Business, Post Reporters, Published on 14/10/2024
» Amidst a stagnant domestic economy, geopolitical tensions in the Middle East are regarded as a crucial factor that could greatly impact the Thai private sector as the war between Israel and Hamas drags on for over a year with no end in sight.
Fraying the ties that bind
Business, Post Reporters, Published on 09/09/2024
» As a new government takes over, the Thai economy has handled significant volatility during the past 12 months, driven by both internal and external challenges.
Sentiment dips again in May as layoffs unveiled
Business, Lamonphet Apisitniran, Published on 20/06/2024
» The industrial sector remains lacklustre as the Thai Industries Sentiment Index (TISI) continued to fall in May to 88.5 from 90.3 points, with 15,000 workers losing their jobs since early this year, according the Federation of Thai Industries (FTI).
Industry panel bullish on Q2 outlook
Business, Lamonphet Apisitniran and Yuthana Praiwan, Published on 07/03/2024
» The Thai economy, which is expected to grow slowly this year, should improve in the second quarter thanks to state budget spending and easing tension in the Red Sea region, says the Joint Standing Committee on Commerce, Industry and Bangkok (JSCCIB).
Chamber of Commerce foresees 2-3% expansion in exports in 2024
Business, Phusadee Arunmas, Published on 20/02/2024
» The University of the Thai Chamber of Commerce (UTCC) forecasts exports to rebound to an expansion of 2-3% this year, with the value ranging from US$290 billion-293 billion, or an average of 2.5%, equivalent to $291.6 billion, from a contraction of 1% last year.
Red Sea disruptions and the geopolitical premium
Business, Published on 07/02/2024
» Shipping disruptions and re-routing away from the Red Sea will maintain the geopolitical premium in the main commodity markets, including oil and gas, chemicals and fertilisers, unless there are wider shipping -- or production -- disruptions in the region, according to Fitch Ratings.
Exporters told to keep tabs on hotspots in the Middle East
Business, Phusadee Arunmas, Published on 29/01/2024
» The strategic planning unit of the Commerce Ministry has advised all stakeholders to monitor the attacks in the Red Sea and the Israel-Hamas war to assess the potential impacts.
All eyes on global monetary policy
Business, InnovestX Securities, Published on 27/01/2024
» The global economic and investment picture at the beginning of 2024 appears to offer a different outlook than in 2023. Every market seems to be more volatile, notably Hong Kong, South Korea, China, Singapore, Thailand, and even the US and Europe.
Employers see further hike in freight rates
Business, Lamonphet Apisitniran, Published on 25/01/2024
» Freight rates are expected to continue to increase in February if the tension in the Red Sea intensifies, which will affect global supply chains, says the Employers' Confederation of Thai Trade and Industry (EconThai).