Consumer confidence rose for the 10th straight month in March, reaching the highest level in 37 months, boosted by the positive impact of easing Covid-19 outbreaks and the recovery of domestic tourism, which has left consumers feeling happier and more optimistic. The University of the Thai Chamber of Commerce (UTCC) reported yesterday the consumer confidence index […]
Read MoreTHAI consumer confidence rose for a 10th straight month in March, reaching a three-year high, boosted by a recovery in tourism and spending for the upcoming election, a survey showed on Tuesday (Apr 11). “Chinese tourists are returning, creating revenue, generating economic activity and improving the business climate,” Thanavath Phonvichai, president of the University of […]
Read MoreThe Board of Investment (BoI) is pushing ahead with a plan to lure foreign funds, with its recent roadshow in China targeting those in the electric vehicle (EV) and electronic businesses. “It was the first time the BoI organised a roadshow in China since the Covid-19 pandemic,” said Narit Therdsteerasukdi, secretary-general of the BoI. “China is […]
Read MoreAirlines are defending their expensive tickets, saying the rates reflect a spike in operational costs due to surging fuel prices and several other factors. Wutthiphum Jurangkool, Nok Air chief executive, said airlines are also facing a surge in prices of several items in the aviation supply chain following the pandemic. These include the price of jet […]
Read MoreSince the introduction of an e-ticketing system in July 2022, Thailand’s Department of National Parks, Wildlife and Plant Conservation has reportedly collected an average of THB 1 million (USD 29,120) in fees from tourists entering the islands every day, with a total of THB 137 million generated in revenue. The chief of Hat Noppharat Thara-Mu […]
Read MoreThailand’s economy is expected to grow 3.6% this year, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on TV channel JKN-CNBC on Monday. “The economy is resilient and is able to withstand multiple shocks,” Sethaput said. The BoT last month raised interest rates a quarter a percentage point to 1.75%. The central bank has raised its […]
Read More
Thailand
