Economy and commerce

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 ...

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 ...

The Ministry of Commerce is monitoring the situation in Myanmar to assess the situation and prepare to deal with any impact on exports and trade between Thailand and Myanmar.Keep watching ...

The Bank of Thailand held its benchmark interest rate steady at an all-time low as fiscal measures take the lead in reviving the economy amid a renewed outbreak of Covid-19.The central bank held the policy rate Wednesday at 0.5% in a unanimous decision, after cutting ...

The Myanmar coup was expected to have minimal impact on the Thai economy, the government said Wednesday, but the investments in the Dawei Special Economic Zone will have to be put on hold for now.  The coup “should not be a problem” as cross-border trade, which ...

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 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 ...

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 ...

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 ...

The Finance Ministry expects 10 million people to register for its latest relief effort through a new scheme.Fiscal Policy Office acting director-general Kulaya Tantitemit said as of Saturday, about 7 million people had registered with the government’s Rao Chana (“We Win”) economic relief scheme.She said ...