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Over 80% Thai businesses struggling due to Covid-19

More than 80 per cent of Thai organisations surveyed by PwC recently said they were hit adversely by the Covid-19 pandemic, while the report indicated that successful crisis recovery hinges on improving resiliency. The Thailand part of PwC’s “Global Crisis Survey 2021” – a global survey of 2,814 business leaders in 73 countries – explores […]

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Thailand: SCGP maintains growth target for 2021

SCG Packaging Plc (SCGP) is undeterred by the third Covid-19 outbreak and is maintaining its total revenue target in 2021 at 100 billion baht due to its wide customer base in many countries. However, being aware of mounting concerns over shortages of beds for patients in hospitals, the company is using recycled paper to make […]

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Thai economic recovery trails others in Asia – ADB

Developing Asia’s economy will rebound faster this year than previously estimated, as nations tread diverging recovery paths, according to the Asian Development Bank. Southeast Asia’s forecast was lowered to 4.4% growth this year amid reduced projections for Malaysia, the Philippines and Thailand. The region’s gross domestic product will expand 7.3% this year, better than the […]

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Thailand: Rising metal prices to affect key industries

Rising commodity prices due to a rise in domestic consumption is expected to negatively impact the construction, electrical appliance and electronic component industries, analysts say. However, the effect on share prices may not be felt at this time as investors are speculating on first-quarter results. The hike of commodities prices has also put pressure on […]

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