Bangkok Post
Consumer mood hits 9-month low
Consumer confidence dropped for a second straight month in January, hitting a nine-month low, the University of the Thai Chamber of Commerce reported on Thursday.The UTTC consumer index fell to 47.8 in January from 50.1 in December.The report attributed the drop to concerns about the ...
Five trends and actions to lead Thai companies post-COVID-19
Thailand’s economy, hit hard by the pandemic, is predicted by the World Bank to take approximately two years to recover. Living through periods of great uncertainty and rapid change is unnerving for us. But, around the world, leading companies are using pandemic-driven changes to position ...
Bangkok Post Reporter
Fuel consumption dives 12.5% in 2020
Fuel consumption in Thailand contracted by 12.5% last year because of strict state measures to prevent the spread of Covid-19, including a lockdown order, according to the Department of Energy Business (DOEB).The government did not enforce a nationwide lockdown for the fresh outbreak starting last ...
Yuthana Praiwan
Eligibility extension under consideration
People registered in the social security system are in the pipeline to be eligible to receive the 7,000-baht money transfer under the Rao Chana (We Win) scheme, says Finance Minister Arkhom Termpittayapaisith.Some of the 11 million employees, who are covered under Section 33 of the ...
Wichit Chantanusornsiri
Exports seen up 3-4% this year, but strong baht weighs -shippers
Thailand’s exports are expected to grow by 3% to 4% this year as the global economy recovers, but a stubbornly strong baht currency remains a worry, the shippers’ council said on Tuesday.Exports, a key driver of growth, could perform better than expected on vaccine developments ...
Investor confidence improves but new Covid wave drags
Investor confidence in Thai financial markets over the next three months has improved slightly on optimism over vaccines and capital inflows, but has been capped by a new wave of coronavirus cases, a capital market association said on Tuesday.A survey in January by the Thai ...
Govt targets B300 bn investments in eastern corridor this year
The government aims to boost investment in the country’s industrial east this year by 44% to around 300 billion baht, a deputy prime minister said on Monday, after a 45% drop last year due to the impact of the coronavirus pandemic.The amount would be a ...
Digital savings products gain traction
Saving for a rainy day is an ideal approach in times of great uncertainty. Although the prolonged low interest rate environment tends to make people hesitate about embarking on a traditional savings plan, digital savings products are a secure and wise choice to make your ...
Somruedi Banchongduang
Covid-19 vaccines to be distributed in 3 phases
Thailand’s vaccination programme will be divided into three phases, with priority given to healthcare workers, the elderly and the seriously ill, government spokesman Anucha Burapachaisri said on Sunday.The vaccines will be administered by the national vaccine committee and the Public Health Ministry will closely monitor ...
Mongkol Bangprapa
Beyond the balance sheet
Thai companies that act on environmental, social and governance (ESG) issues are more likely to attract foreign direct investment (FDI), according to PwC Thailand.While ESG is not yet a make-or-break issue for Thai investors, companies need to integrate ESG factors into their corporate strategy if ...