Economy and commerce
Confidence in manufacturing, employment drops
The Business Sentiment Index (BSI) dropped to 47.4 in November 2019, which was below the 50 threshold for eight consecutive months due largely to weaker confidence in the manufacturing sector, according to a central bank report on Monday (December 2).However, the confidence of respondents in ...
The Nation Reporter
Shippers: Exports down, baht too strong
The Thai National Shippers’ Council predicts overall exports this year will be down 2.5-3% this year on earlier expectations, and wants the Bank of Thailand to stop the baht’s appreciation.TNSC chair Ghanyapad Tantipipatpong said on Tuesday the forecast shipment figures were based on an exchange ...
Bangkok Post Reporter
Investor confidence index remains neutral [Video]
The Federation of Thai Capital Market Organizations (FETCO) has warned investors of short-term risks associated with the volatility of the ongoing trade war between China and the United States, as the local capital market is still affected by the global economic slowdown.Keep watching ...
Outlook for the Thai economy is bleak and will get bleaker due to its rapidly ageing population
Thailand is facing an array of economic challenges that will take radical and strong leadership to even keep at bay in the next twenty years as the number of Thai people over 65 years of age expands to record levels with a diminishing workforce. On ...
Joseph O' Connor
Economic downtrend continues in Oct despite private consumption, tourism growth
The Thai economy stayed on the path of deceleration in October, the Bank of Thailand said in a report yesterday (November 29).The value of merchandise exports continued to contract, mainly due to the economic slowdown of trading partners, consistent with deterioration in manufacturing production and ...
The Nation Reporter
‘Eat, Shop, Spend’ campaign a big hit among Thai spenders
The government’s “Eat, Shop, Spend” campaign has been highly successful in all three phases in boosting domestic consumption, a Finance Ministry official said.Lavaron Sangsnit, director-general of the Fiscal Policy Office and Finance Ministry spokesman, said the campaign had been especially successful in boosting spending via ...
The Nation Reporter
Regional confidence in economy seen rising
Citizens’ confidence is strengthening in the Thai economy’s six-month outlook, according to a Regional Confidence Index compiled with data from 76 provincial treasury offices. The Thai Chamber of Commerce and Federation of Thai Industries announced the conclusion on Thursday (November 28).Keep reading ...
The Nation Reporter
EU paper outlines measures to boost business ties with Thailand
The European Association for Business and Commerce (EABC) on Friday (November 29) called for enhanced competitiveness, further improvement of ease of doing business, and negotiation of an EU‐Thailand Free Trade Agreement.The EABC said these factors were crucial to strengthen Thailand’s economy, support the Thailand 4.0 ...
The Nation Reporter
Household Debt in Thailand has Risen to a Record High
As the Thai Baht soars and the economy lags household debt in Thailand has risen to a record high of 340,000 baht per household. According to a poll on household debt, conducted by University of the Thai Chamber of Commerce.Thanawat Polvichai, a director at UTCC ...
New rules to help SMEs raise capital
The Securities and Exchange Commission is in the process of issuing regulations to facilitate capital market funding access for small and medium-sized enterprises (SMEs), aiming to initially allow SME share offerings and convertible debentures without document submission.The move will reduce unnecessary procedures and costs, and ...
Pathom Sangwongwanich
