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Browsing category

Economy

48 posts
BusinessEconomy

Thailand Faces Economic Risks From the US-China Trade War

4 months ago 2 min read
BusinessEconomy

Thailand’s Aging Demographic Challenges Its Economic Growth

1 year ago 2 min read
Thailand’s demographic shifts, such as an aging population and a falling birth rate, are significantly affecting domestic consumption…
BusinessEconomy

Thai Cabinet Approves Special 10-Year EEC Visa for Foreigners

1 year ago 2 min read
The cabinet has approved a new 10-year visa for executives and experts in the Eastern Economic Corridor (EEC) to bolster the development of key…
BusinessEconomy

Thailand’s Economy Stumbles, Lagging Behind SEA Neighbours

1 year ago 2 min read
Thailand’s economy has significantly slowed down, with a growth rate of just 1.9 percent last year, clearly lagging behind its Southeast…
BusinessEconomy

FTI Says Businesses May Suffer Due to Hike in Minimum Wage

1 year ago 2 min read
The Federation of Thai Industries (FTI) has expressed concern that businesses will face increased operating expenses if the government proceeds…
BusinessEconomy

Netizens Voice Concerns Over Soaring Phuket Airfare Prices

1 year ago 2 min read
This week, social media platforms were filled with posts from local travellers expressing frustration over the high price of airfares to…
BusinessEconomy

Thai and European Union Free-Trade Talks Set for Next Week

2 years ago 2 min read
Thailand is gearing up to commence discussions on a free-trade agreement with the European Union (Thai-EU FTA) next week, with a goal of sealing…

CORONAVIRUS FAQ

The Best Coronavirus Face Mask Materials, According To A New Study

How Long Coronavirus Lives On Clothes, And How To Wash Them

How To Clean A Fabric Coronavirus Face Mask And How Often

Thailand Tourism To Fall Short Due to the Impact of ‘Polycrisis’

Thailand Tourism To Fall Short Due to the Impact of ‘Polycrisis’

International tourism revenues in 2024 are not expected to reach the 2019 levels, as the…

Delay in Government Formation Poses Risks to the Thai Economy

Delay in Government Formation Poses Risks to the Thai Economy

The University of the Thai Chamber of Commerce (UTCC) foresees a considerable delay in the…

Challenges in Domestic Tourism Due to Weak Purchasing Power

Challenges in Domestic Tourism Due to Weak Purchasing Power

The domestic travel sector continues to struggle due to weak consumer purchasing power, a consequence…

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Trilateral Highway Project Links India, Myanmar, and Thailand

Trilateral Highway Project Links India, Myanmar, and Thailand

The Trilateral Highway project linking India, Myanmar, and Thailand is in progress, aiming to establish…

Airlines Say Ticket Price Hikes Due to Increase in Jet Fuel Cost

Airlines Say Ticket Price Hikes Due to Increase in Jet Fuel Cost

Airlines justify their high ticket prices, claiming the rates are due to increased operational expenses…

Upcoming Election Expected To Hike Spending, Boost Economy

Upcoming Election Expected To Hike Spending, Boost Economy

Analysts predict that the next general election will increase spending, resulting in 60 to 70…

Spending Could Hit 5-Year High During Loy Krathong Festival

Spending Could Hit 5-Year High During Loy Krathong Festival

A survey has shown that consumer spending during the Loy Krathong festival is expected to…

Finance Ministry Could Reintroduce Reduced Land and Building Tax

Finance Ministry Could Reintroduce Reduced Land and Building Tax

Finance Minister Arkhom Termpittayapaisith said a reduced tax on land and building could be reintroduced…

Bank of Thailand Move To Raise Key Interest Rate Up by 25 Bps

Bank of Thailand Move To Raise Key Interest Rate Up by 25 Bps

On Wednesday, the Bank of Thailand (BoT) announced a further increase to its key interest…

Economists Predict Baht Could Plunge to 38 This Year

Economists Predict Baht Could Plunge to 38 This Year

Economic experts believe the baht's value could fall to 38 per US dollar this year…

Baht Falls Against the Dollar, Trading Below 37

Baht Falls Against the Dollar, Trading Below 37

The baht has fallen below 37 against the US dollar, hitting its lowest level in…

Asia Stocks Tumble Amid Fears US Interest Rates Will Rise

Asia Stocks Tumble Amid Fears US Interest Rates Will Rise

Stocks in Asia tumbled after the US central bank's chairman said interest rates would continue…

Analysts Cast Doubt Thailand Can Attract Foreign Investors

Analysts Cast Doubt Thailand Can Attract Foreign Investors

Some economists have said that geopolitical tensions between China and the United States could benefit…

Thailand Records Lowest Unemployment Rate During Pandemic Era

Thailand Records Lowest Unemployment Rate During Pandemic Era

During this year's second quarter, Thailand has recorded its lowest unemployment rate since the pandemic…

Labour Ministry Seeks Minimum Wage Increase Effective Oct 1

Labour Ministry Seeks Minimum Wage Increase Effective Oct 1

On Tuesday, Labour Minister Suchart Chomklin said he wanted the daily minimum to be risen…

Experts Explain the Thai Baht’s Rebound Against the US Dollar

Experts Explain the Thai Baht’s Rebound Against the US Dollar

The baht has shown a resurgence this week, trading at 36.08 against the dollar on…

Government Discusses Measures To Handle Global Fuel Crisis

Government Discusses Measures To Handle Global Fuel Crisis

Finance Ministry's permanent secretary Krisada Chinavicharana said the government would implement some measures to ease…

Tycoons See Fortunes Plummet Amid Slow Economic Recovery

Tycoons See Fortunes Plummet Amid Slow Economic Recovery

The collective wealth of tycoons who appeared on the 2022 Forbes list of Thailand's 50…

Thai Banks Planning To Announce Increase in Interest Rates

Thai Banks Planning To Announce Increase in Interest Rates

Banks say they plan to announce higher interest rates for mortgages and car loans to…

JobsDB Predicts Thailand Will See Double-Digit Growth in Employment Rate

JobsDB Predicts Thailand Will See Double-Digit Growth in Employment Rate

Job search platform JobsDB said Thailand could see double-digit growth in the employment rate this…

BoT Says Policy Interest Rate Should Increase Soon To Fight Inflation

BoT Says Policy Interest Rate Should Increase Soon To Fight Inflation

Bank of Thailand Governor Sethaput Suthiwartnarueput has said that the increase in the policy interest…

Global Investors View South East Asia As a Safe Haven

Global Investors View South East Asia As a Safe Haven

Worldwide investors see South East Asian stock markets as the best places to park their…

Russian Billionaires Move to Dubai To Flee Western Sanctions

Russian Billionaires Move to Dubai To Flee Western Sanctions

Russian business owners and wealthy people have fled to the United Arab Emirates (UAE) to…

US Central Bank Brings Interest Rates to a 22-Year High

US Central Bank Brings Interest Rates to a 22-Year High

The US central bank has raised the interest rate to its highest percentage in over…

JP Morgan: Thai Equities Rating Downgrade on Tourism Fears

JP Morgan: Thai Equities Rating Downgrade on Tourism Fears

Thailand's equities have been downgraded by JP Morgan after analysts considered that rising inflation and…

Bank of Thailand Holds Key Interest Rate at All-Time Low

Bank of Thailand Holds Key Interest Rate at All-Time Low

The Bank of Thailand (BoT) announced Wednesday that it would leave its key interest rate…

Thailand Plans To Launch National Shipping Line Next Year

Thailand Plans To Launch National Shipping Line Next Year

Thailand announces its plans to launch a national shipping company in 2022 as part of…

Thai Interest Rates Remain Unchanged, GDP Forecast Cut

Thai Interest Rates Remain Unchanged, GDP Forecast Cut

The Bank of Thailand (BoT) kept its key interest rate unchanged and cut its economic…

Prime Minister and CEOs To Meet To Discuss Covid Situation

Prime Minister and CEOs To Meet To Discuss Covid Situation

Prime Minister Prayut Chan-o-cha said he would meet with senior executives on Wednesday to discuss…

CEOs Meet PM Prayut To Share Ideas For Economic Recovery

CEOs Meet PM Prayut To Share Ideas For Economic Recovery

On Wednesday, 40 CEOs told the prime minister that Thailand needed a more generous economic…

Covid-19 Causing Crisis for Small and Medium-Sized Firms

Covid-19 Causing Crisis for Small and Medium-Sized Firms

The devastating COVID-19 has greatly affected Thailand's small and medium-sized businesses, considered its economy's backbone,…

Food Delivery Operators Experience Orders Growth During Third COVID-19 Wave

Food Delivery Operators Experience Orders Growth During Third COVID-19 Wave

Online food delivery operators have seen substantial order growth amid the third wave of cases…

Singapore’s Changi Airport Warning of Protracted Crisis

Singapore’s Changi Airport Warning of Protracted Crisis

Singapore's Changi Airport, considered the best in the world, warned of an overwhelming and prolonged…

Finance Minister: Economy Predicted to Grow 4% in 2021

Finance Minister: Economy Predicted to Grow 4% in 2021

On Monday, the Finance Minister said that the economy is expected to grow 4% in…

Bank of Thailand Keeps Its Key Interest Rate Unchanged

Bank of Thailand Keeps Its Key Interest Rate Unchanged

The Bank of Thailand (BoT) managed to keep its benchmark interest rate unchanged for a…

Government To Revise Immigration, Business Laws To Draw Foreign Investment

Government To Revise Immigration, Business Laws To Draw Foreign Investment

The government plans to improve key laws and regulations regarding immigration, business, and other sectors…

China’s Economy Continues Recovery From the COVID-19 Slump

China’s Economy Continues Recovery From the COVID-19 Slump

According to the latest official figures from the country, China's economy continues to bounce back…

Asia Witnesses Recession for the First Time in Six Decades

Asia Witnesses Recession for the First Time in Six Decades

According to the Asian Development Bank, the continent’s developing economies were pushed into a recession…

Unemployment Touched 2.5 Million and May Continue to Grow, Warns JSCCIB

Unemployment Touched 2.5 Million and May Continue to Grow, Warns JSCCIB

The unemployment in the country has touched 2.5 million in the first six months of…

PM: Investor Confidence Strong After Finance Minister Resigns

PM: Investor Confidence Strong After Finance Minister Resigns

Responding to concerns about the sudden resignation of Finance Minister Predee Daochai, Prime Minister Prayut…

UK is Now Officially in Recession According to Q2 Stats

UK is Now Officially in Recession According to Q2 Stats

The future looks bleak for the UK and we are not just talking about the…

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