The mortgage market in Thailand was nothing short of spectacular from 2010 to 2014, with annual growth exceeding 12% for five consecutive years, reflecting rising demand in urbanised areas and government incentives for first-home buyers. However, growth slowed to 9% in 2015 and 7% last year, despite government stimulus through reductions in registration and transfer fees […]
Read MoreRice shipments from Thailand, the largest supplier after India, are likely to decline about 4% this year amid increased competition from Vietnam and other producers. Exports will total 9.5 million tonnes in 2017, Chookiat Ophaswongse, the honorary president of the Thai Rice Exporters Association, said Wednesday in an interview. That compares with 9.88 million tonnes […]
Read MoreBANGKOK: Thailand’s January headline consumer prices in January rose on an annual basis at their fastest pace in more than two years, driven by higher food and retail oil prices, commerce ministry data showed on Wednesday. But the inflation rate remains relatively low, giving the Bank of Thailand leeway to keep monetary policy loose to […]
Read MoreAs the Asean Economic Community (AEC) enters its second year, Thailand is set to lose further market share in agricultural and processed agricultural products to Cambodia, Laos, Myanmar and Vietnam (CLMV), new research says. According to Aat Pisanwanich, director of the Center for International Trade Studies at the University of the Thai Chamber of Commerce, […]
Read MoreDeputy Prime Minister Somkid Jatusripitak will be leading major Thai businesses to meet a team of Myanmar officials and businesses to seek further cooperation in developing industrial estates in Myanmar and border trade operations on Feb 3-4. Industry Minister Uttama Savanayana said the Thai business group, which comprise PTT Plc (PTT), Siam Cement Group (SCG) […]
Read MoreTotal domestic car sales are expected to rise for the first time in five years in 2017, by 4.06 percent to 800,000 units, Toyota Motor Corp’s Thai unit said on Tuesday, citing new models and strong government spending among factors. Toyota, which commands about a third of the Thai market, predicted its own 2017 auto […]
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Thailand
