Consumer confidence increased for the ninth straight month in February, boosted by recovering tourism, government stimulus measures, and the baht’s weakness. The University of the Thai Chamber of Commerce (UTCC) reported yesterday the consumer confidence index rose to 52.6 in February, up from 51.7 in January, reaching the highest level in three years since Thailand began […]
Read MoreThe potential growth rate of the economy is 4-5%, says Finance Minister Arkhom Termpittayapaisith. Among the factors that will determine more robust sustainable growth is increasing productivity by reskilling and upskilling workers, Mr Arkhom said yesterday at a seminar called “The NEXT Thailand’s Future”, co-hosted by Krungthai Bank and iBusiness of Manager Group. The ministry projects […]
Read MoreThailand is expecting to receive between 25 million and 30 million foreign visitors this year as its crucial travel sector rebounds, its Tourism and Sports Minister Phiphat Ratchakitprakarn said on Thursday. The number compares to the record of nearly 40 million in 2019 before the coronavirus pandemic emerged. The country had 4.2 million foreign visitors in […]
Read MoreConsumer confidence in Thailand rose for a ninth straight month in February to reach a three-year high, boosted by a recovery in the crucial tourism sector, government stimulus measures and a weak baht a survey showed on Thursday. The consumer index of the University of the Thai Chamber of Commerce rose to 52.6 in February from […]
Read MoreLGT Private Banking, an international private bank owned by the House of Liechtenstein, plans to continue growing business in Thailand over the longer term as it foresees greater opportunities here. LGT chairman Prince Max von und zu Liechtenstein said based on Bank of Thailand and Securities and Exchange Commission (SEC) regulations, the bank requires minimum assets […]
Read MoreThe baht is likely to remain highly volatile due to external factors but its weakness is in line with moves in regional currencies, the Bank of Thailand said on Wednesday. The baht and regional currencies have moved both directions in accordance with global financial market conditions due to uncertainty over the US monetary policy and the […]
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