Gains in the baht, Asia’s best performer in the past six months, are frustrating exporters and many businesses that say the strong currency is hurting them. The private sector is concerned about the “rapid baht strength”, Thai Bankers’ Association president Payong Srivanich said in a briefing in Bangkok on Wednesday The currency, which is on […]
Read MoreKrungthai Compass, a research unit under Krungthai Bank, expects foreign tourist arrivals in 2023 to more than double the number recorded last year, estimating it will take two years to return to the level posted in 2019. The research house forecasts foreign arrivals this year to tally 22.5 million, up from 10.2 million expected for 2022. […]
Read MoreThai exports are forecast to grow by 6-6.5% in 2022, missing the target estimate of 7-8%, as global demand slowed in the final quarter, says the national shipping trade group. Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council (TNSC), said yesterday that the value of Thai shipments in the fourth quarter of 2022 was expected […]
Read MoreThailand has the potential to develop its own innovations and technologies to serve its needs for digital transformation and create differences while reducing dependence on imported tech, according to the Association of Thai ICT Industry (ATCI). Members of the ATCI comprise computer hardware and software manufacturers, distributors and service providers, representing more than 80% of the […]
Read MoreAfter more than a decade of consistent growth in the supply of condominiums in Bangkok, 2022 marked a return of low-rise housing as the home of choice for Thai buyers, according to the international property consultant CBRE. In 2021 the supply of new low-rise housing exceeded that of the new condos in the Bangkok metropolitan region […]
Read MoreThailand’s exports are expected to grow up to 2% this year, the Thai National Shippers’ Council said on Tuesday. Exports were set to grow 6.5% for the full year in 2022 but were expected to show a 7.5% drop in December last year, the council said in a statement. Source: https://www.bangkokpost.com/business/2479249/exports-seen-growing-1-to-2-in-2023-says-thai-national-shippers-council
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