The Organisation for Economic Cooperation and Development (OECD) has agreed to lend a hand to the Thai government in undertaking the country’s comprehensive reforms. Deputy Prime Minister Somkid Jatusripitak said the cabinet on Tuesday approved a plan for Thailand to implement the country programme (CP) and authorised Prime Minister’s Office Minister Suvit Maesincee to sign […]
Read MoreThe Commerce Ministry looks set to revise its full-year export growth target to 6-6.5% from 5% after Thai exports rose at a double-digit pace for the fifth straight month in July. Encouraging economic data showed exports climbing 10.5% to US$18.9 billion (630.5 billion baht), shrugging off the strengthening local currency as demand for Thai goods […]
Read MoreThe outlook for the Bangkok Office market remains positive for the next three years, mainly due to a lack of new supply but there were signs the demand growth rate was slowing in the second quarter. Bangkok has a total office supply of 8.6 million square metres and the vacancy rate at 7.5% is still […]
Read MoreCustoms-cleared annual exports rose for a fifth straight month in July, but fell short of expectations, as demand from major markets increased. Exports, a key driver of Thailand’s growth, rose 10.5% in July from a year earlier after June’s 11.7% rise, commerce ministry data showed on Wednesday. A Reuters poll expected an annual rise of […]
Read MoreThailand ranked as the world’s third-largest market for Line sticker download revenue and is the first country where Line stickers are available from offline channels, with users able to buy Line stickers with cash at Boonterm top-up machines. Line has 41 million users in Thailand, some 94% of mobile internet users. It follows Japan and […]
Read MoreThe economy grew at its fastest pace in more than four years in the second quarter, prompting the government’s planning unit to raise its 2017 economic growth forecast range to 3.5-4% from 3.3-3.8% projected in May. The National Economic and Social Development Board (NESDB) reported yesterday that Thai GDP rose by 3.7% year-on-year in the […]
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Thailand
