Thailand’s exports are recovering and expected to tally growth of 3.6% this year to US$237 billion if a Covid-19 vaccine becomes effective and sufficient as hoped, says the University of the Thai Chamber of Commerce (UTCC). Aat Pisanwanich, director of the UTCC’s Center for International Trade Studies, said Thailand’s growth prospects depend mostly on the […]
Read MoreThe coronavirus pandemic has brought the world’s top tourist draws, from the ruins of Machu Picchu to Thailand’s sandy beaches, to a standstill. Now tourism professionals and local authorities are hoping against hope for an economic recovery that will bring the punters back. Here are some key examples. Authorities in Thailand have turned to domestic […]
Read MoreThailand’s GDP growth is forecast at 2.5% this year, assuming the government maintains stringent measures to contain new Covid-19 infections until February, says Krungthai Compass. The research house under Krungthai Bank estimates the domestic economic growth outlook under two scenarios based on the coronavirus outbreak impact. The government’s stringent measures to contain the contagion, especially […]
Read MoreSET-listed developer Land & Houses Plc (LH) scaled down its residential launches this year to 12 projects, down 25% from last year, worth a combined 20.7 billion baht. Managing director Adisorn Thananan-narapool said the company expects to have 28 billion baht in presales and 30 billion in revenue from residential sales by the end of […]
Read MoreAverage prices for new and resale condo supply are projected to continue falling this year as the glut of unsold condos is overwhelming, with new units added to the stockpile. Nalinrat Chareonsuphong, managing director of consultant Nexus Property Marketing Co, said average prices of new condo supply being launched in Greater Bangkok this year would […]
Read MoreThe government has retained its price control on 55 products and service items including medical face masks, a synthetic fibre used as a raw material to make medical face masks, alcohol and alcohol-based hand sanitiser, and recyclable paper. The meeting of the Central Committee on the Prices of Goods and Services chaired by Commerce Minister […]
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Thailand
