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Thailand: Export prospects determined to grow

Thailand’s food exports are expected to manage growth of 2-3% this year despite a fresh surge of infections and reports of growing cases among workers in the food industry. Visit Limlurcha, president of the Thai Food Processors Association, said food export prospects remain promising and are expected to fetch 1.1 trillion baht this year from […]

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Thailand: Online deliveries skyrocket, competition heats up

Online food delivery has seen at least a 30-40% surge in orders following the fresh pandemic wave compared with the normal period, particularly from strictly controlled provinces, according to the segment’s players. Meanwhile, industry newcomer Robinhood, brainchild of Siam Commercial Bank (SCB), is seen to be weighing on the market, currently dominated by foreign players, […]

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Thailand – MPC: Growth may fall below forecast

Thailand’s GDP growth this year could drop below the 3.2% baseline projection from plausible lower inbound arrivals amid uncertainties over vaccine efficacy and reduced fiscal stimulus, says the Monetary Policy Committee’s (MPC) latest edited minutes. The country has been grappling with higher infections since the start of 2021, with stringent restrictions imposed in five provinces […]

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