Consumer confidence fell to its lowest level in 21 months in June as the public fretted over political instability, global economic uncertainty and low farm product prices. According to the latest survey by the University of the Thai Chamber of Commerce (UTCC), the consumer confidence index fell to 76.4 points last month from 77.7 in […]
Read MoreHuawei Technologies says its smartphone market share in Thailand remains unscathed by US sanctions on the company, despite conflicting reports that the Chinese telecom giant’s sales suffered dramatically. The company said its market share in Thailand grew in the first five months of 2019 to 20% from 15% in 2018. Huawei is set to increase […]
Read MoreRetailers in Thailand are making a concerted effort in refusing to provide plastic bags to shoppers. The Mall Group has completely stopped handing out plastic bags at its department stores, while Tesco Lotus started a plastic-bag-free campaign at some branches. Almost all business units under Central Group are now plastic-bag-free stores. The moves come amid […]
Read MoreFiscal policy should play a larger role than monetary policy in lifting the country, given that the 2019 mid-year fiscal budget amounting to 90 billion baht is sufficient despite the delay in the new government’s formation, says a senior official at Bank of Ayudhya (BAY). Tak Bunnag, head of the global markets group, said fiscal […]
Read MoreA new government is about to take office in Thailand but we have yet to see any news of concrete policies related to the economy and the property market. Meanwhile, the number of unsold condominium units continues to climb, amid negative forecasts from state agencies and some private analysts. This is affecting the confidence of […]
Read More“I prefer to buy from local brands only. BigC has been selling local products mostly, now if they stop selling, I will go to buy in other places…” – Ms. Nguyen Cam Tu (Tan Phu district, HCM) said to Dan Viet’s reporter. On 3rd July, she got the information from TV and social media. She […]
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