Economy and commerce

A central bank economist forecasts a crossroads for the country’s household debt over the next four years, either rising to 92.8% of GDP or declining to 79.1%.If Thai household debt grows at 1.2 times GDP, average growth over the past five years, the country’s household ...

The Investor Confidence Index (ICI) for stocks in the next three months rose by 1.6% from the previous month and remains in the bullish zone as investors expect the Covid-19 vaccination programme to ease the pandemic situation.The upcoming nationwide vaccination drive is the main factor ...

The Bank of Thailand (BOT) on Tuesday has amended conditions in soft loan decree to be more accessible to a wider range of borrowers, focusing on assisting SMEs in surviving during the pandemic.The BOT and the Finance Ministry have discussed with related parties to offer ...

The Thai National Shippers Council (TNSC) has revised upward its forecast for Thai exports in 2021, from 4-6 per cent growth to 6-7 per cent.Chaichan Charoensuk, chairman of TNSC, said in an exclusive interview that the export sector was the main engine to help drive ...

Thailand’s headline consumer price index (CPI) in May was up 2.44 per cent year-on-year to 99.55 points, led by prices in energy and fresh food categories, the Ministry of Commerce said Friday.“The headline CPI rose for a second month in a row but slower than ...

Small and medium businesses are asking the government to help absorb their operational costs and rents as businesses continue to suffer from the COVID-19 pandemic.The Federation of Thai Industries (FTI) has made suggestions on what the government could do to help small and medium enterprises ...

Cross-border trade rose by 26.7% in the first four months, increasing the government’s confidence such trade will grow by 3-6% this year after declining 1.7% in 2020.Commerce Minister Jurin Laksanawisit revealed on Tuesday the country’s overall cross-border trade, including transit trade, tallied 526 billion baht ...

The government is set to roll out a fresh 50% co-payment subsidy for the monthly salary of employees of small and medium-sized enterprises (SMEs), its latest move to deter mass layoffs in the country.Deputy Prime Minister Supattanapong Punmeechaow said the new aid measure is scheduled ...

Activities related to decentralised finance (DeFi) projects which involve digital coin issuance may require a licence from the regulator in the near future, the Securities and Exchange Commission (SEC) announced.The statement was released on Sunday afternoon after a DeFi farming platform named Tuktuk Finance debuted ...

Thailand’s exports are expected to rise 15% in the second quarter from a year earlier, powered by improved global demand and after coming off a low base last year, the shippers’ council said on Tuesday.While maintaining its export growth forecast of 6%-7% this year, the ...