Economy and commerce

Thanks to the growing popularity of online shopping in Thailand, e-commerce is expected to have the brightest growth prospects this year, while book rental, handicraft and conventional furniture are forecast to face the bleakest outlook. Thanavath Phonvichai, vice-president for research at the University of the ...

The Board of Investment (BoI) has increased its target for investment into the country lured by its privileges in spite of the uncertain economic conditions. While the 2019 target of Bt750 billion exceeds that of last year’s Bt720 billion, it has been described as conservative.Keep ...

Expectations for sluggish economic growth this year are firming, with the nation’s peak private-sector grouping flagging potential hits to exports and tourism from the prospect of simultaneous slowdowns in China and the United States and the trade war they are waging.Keep reading ...

Business operators have an optimistic outlook on the country’s GDP in 2019, thanks to the upcoming general election, implementation of the Eastern Economic Corridor (EEC) and the coronation ceremony for His Majesty the King. Kalin Sarasin, chairman of the Thai Chamber of Commerce, said the ...

The College of Management at Mahidol University (CMMU) revealed the online market research finding that influencer marketing has become a more appropriate and persuasive approach to reach consumers than traditional marketing, especially “Micro Influencer” with the trend to be influential and accepted by consumers in ...

Most exporters are worried about the baht appreciating against the US dollar, fearing it will hit exports and farm incomes amid the slowing of both local and global economies.“A stronger baht will hurt our rice price competitiveness amid weaker currencies in the region, such as ...

As chair of Asean this year, Thailand is set to host the first senior economic official meeting (Seom) during Jan 12-18 in Bangkok, highlighting 12 key economic issues as top priorities. Auramon Supthaweethum, director-general of Trade Negotiations Department, said the issues for the first Seom ...

As Asian countries face a future of ever-more waste being generated, they are considering a shift to the “circular economy” to drive sustainable growth for their nation.Support for a shift to a circular economy has been growing since the World Economic Forum (WEF) undertook a ...

With an uncertain economic future in 2019, business leaders must prepare to face disruption. A general election, a trade war between the world’s largest economic powers, and the spectre of a new global recession could greatly affect several industries. Telecoms must begin laying the infrastructure ...

The US-China trade war and a preference for Thai brands among Chinese buyers have created an opportunity for medium-sized and large firms in Thailand, says the Thailand e-Business Center (TeC). Keep reading ...