Low incomes and high household debt are looming over the upcoming Lunar New Year holiday, while an additional 1 million room nights in the stimulus campaign were fully redeemed, according to the Tourism Authority of Thailand (TAT). TAT governor Yuthasak Supasorn said the estimated number of domestic trips during Feb 12-14 is expected to reach […]
Read MoreThais spending during the Lunar New Year festival, which starts on Wednesday, is expected to remain dejected because of high job losses and low income as a result of unabated Covid-19 infections in the country. The University of the Thai Chamber of Commerce predicted in its annual survey of consumer spending behaviour during the Chinese […]
Read MoreMore than half of this year’s new housing loan target of 215 billion baht will be provided with low interest rates to help low-income earners to purchase their own homes, says GH Bank. State-owned GH Bank plans to offer low-interest housing loans to low-income earners under the “Social Solution” project, said GH Bank president Chatchai […]
Read MoreLand prices in Greater Bangkok are projected to rise at a rapid rate in the second half of 2021, in part because of the forecast of an economic recovery. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said land prices in Greater Bangkok last year kept increasing, with a year-on-year rise of […]
Read MoreMANILA, Philippines — Global manufacturing has remained resilient, but stalling export growth threatens to weaken production capacity, an international research firm said. In a new research report, London-based market intelligence firm IHS Markit said even as output had been holding up last month, factories worldwide have been reporting that exports and purchases continued to be […]
Read MoreCybersecurity, consumer generation consideration, new business models and technology adoption through partnership are the key priority for digital transformation amid the pandemic, says Bluebik Group, a local tech consulting firm. “Many companies are gearing up for digital transformation fuelled by the pandemic amid volatile and uncertain situations,” Pochara Arayakarnkul, chief executive of Bluebik, told the Bangkok […]
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