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Thailand: Exporters see rosier year for growth

Thai shippers have raised their export growth forecast to 2.5-3.5% this year from an earlier 2-3% after the country’s export performance fared better than expected in the first quarter. Ghanyapad Tantipipatpong, chairwoman of the Thai National Shippers’ Council, said exports are likely to continue their growth in the second quarter, as traders have been building […]

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Thailand: Policy to extend helping hand to ‘micro-SMEs’ mulled

The government is considering a new policy to lend support to “micro-SMEs” — businesses that are smaller than small and medium-sized enterprises (SMEs) — to help strengthen the Thai economy, says Industry Minister Uttama Savanayana. Deputy Prime Minister Somkid Jatusripitak will chair a meeting tomorrow to brainstorm with other senior officials from the Office of […]

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Thailand: Consumer prices up for 13th month

Consumer prices, which gauge the country’s inflation rate, rose for a 13th straight month in April, albeit at a slower pace, boosted largely by higher oil and finished food prices. The Commerce Ministry said the consumer price index (CPI), based on 422 products and services, rose 0.38% last month year-on-year but eased from 0.76% in […]

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Thailand: 30 firms marked for EEC investment

The government aims to attract 30 leading multinational firms to invest in the Eastern Economic Corridor (EEC), which is a designated to serve as Thailand’s new growth engine with high-tech and innovative clusters, over the next two years. Under the plan, 10 leading international companies will be solicited in the first year, said Kanit Sangsuphan, […]

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Thailand: Top industry grouping raises 2017 export forecast

A grouping of Thailand’s top industry bodies on Tuesday raised its 2017 export forecast to 2-3.5% from 1-3% on stronger-than-expected first-quarter and improved global demand. Exports, a key factor for the country’s economic growth, rose 4.9% in the January-March period from a year earlier after it climbed slightly in 2016, the first annual increase in […]

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Thailand: Mushroom takes SMEs to CLMV

Mushroom Television Co, a subsidiary of Bangkok Post Plc, has branched out its seminar, roadshow and business matching activities into Cambodia, Laos, Myanmar and Vietnam (CLMV) in a bid to strengthen the network for Thai small and medium-sized enterprises (SMEs). The company expects to generate 16 million baht from the CLMV expansion, representing 10% of […]

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