THAI consumer confidence rose for an eighth straight month in January, bolstered by a rebound in tourism and government stimulus measures, but the high cost of living remained a worry, a survey showed on Thursday (Feb 9). The consumer index of the University of the Thai Chamber of Commerce hit a 26-month high of 51.7 […]
Read MoreThailand’s rate committee stuck by a pledge that monetary tightening would be gradual and measured, but noted it could be adjusted should the growth and inflation outlook shift from assessments, minutes of the meeting showed on Wednesday. The minutes said monetary policy would face greater challenges in the period ahead, given a tradeoff between tackling inflation […]
Read MoreSpending on Valentine’s Day this year is projected to top 2.39 billion baht, jumping 57.1% from last year and the first increase in five years, according to a University of the Thai Chamber of Commerce (UTCC) survey. UTCC president Thanavath Phonvichai said Valentine’s Day spending this year is forecast to be active, even as most people […]
Read MoreThe cabinet approved increasing tax incentives for foreign film shoots in Thailand, aiming to promote shooting and production in the country. Deputy government spokeswoman Traisuree Taisaranakul said the cabinet at its meeting on Tuesday agreed to adjust tax incentives and criteria to promote foreign film shoots in Thailand, as proposed by the Tourism and Sports Ministry. […]
Read MoreThai hospitality is globally recognised for its unique service standards, which have assisted many homegrown hotel companies in their international expansion over the past few decades. As the hotel industry has started to see a promising recovery post-pandemic, Thai hotel management companies such as Minor International (MINT), Centara Hotels and Resorts, Dusit International and Onyx Hospitality Group have […]
Read MoreExports are expected to contract 3-5% in the first quarter before starting to recover in the second and third quarters, partially helped by China’s reopening, lower freight rates and high global purchases, according to the national shipping group. However, the group warned the strong baht may weaken the country’s export competitiveness, asking the Bank of Thailand […]
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