Fuel consumption in the first quarter increased to a level greater than usage in 2019, following a drop for two consecutive years when Thailand endured the impact of the pandemic, according to the Department of Energy Business (DOEB). From January to March, fuel demand rose by 5.65% to 161 million litres per day (MLD) on average, […]
Read MoreDriven by economic growth and a rebound in tourism, the retail property market has been steadily improving since the fourth quarter of last year, with a prediction that it will return to normal by 2024, according to consultants. Carlos Martinez, director of research and consultancy at Knight Frank Thailand, said the retail market shows signs of […]
Read MoreAverage household debt for workers has hit the highest level in 14 years, attributed to durable goods purchases, investment to create income and daily expenses. However, there are signs the proportion of consumers’ unorganised loans, or borrowing from loan sharks, is beginning to decrease, according to the latest survey by the University of the Thai Chamber […]
Read MoreThough Thai exports fell for a sixth consecutive month in March and the global economy remains sluggish, the Commerce Ministry remains confident shipments can meet the growth target of 1-2% this year. According to Deputy Commerce Minister Sinit Lertkrai, the export trend for the second quarter began negatively, but the contraction rate is decreasing and should turn […]
Read MoreImax Corporation has struck a deal with Major Cineplex to create up to 10 new Imax With Laser systems in Thailand and Cambodia. The deal, announced at CinemaCon on Monday, will bring five new (two film and three conditional) systems in Thailand and carry out four upgrades to key locations in the country by 2025 […]
Read MoreThe Bank of Thailand is in discussions with China’s central bank over supporting the use of yuan-baht settlement to mitigate foreign exchange risk amid ongoing US dollar volatility. According to central bank governor Sethaput Suthiwartnarueput, the Bank of Thailand and the People’s Bank of China have held talks over additional cooperation to encourage businesses to use […]
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