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Bangkok listed No.2 on YouDiscover site

Bangkok ranked second on the online travel platform YouDiscover’s 2019 list of the top 15 destinations for travellers in Southeast Asia, behind Siem Reap and ahead of Singapore.  The locations were chosen from 93 destinations in 11 countries, with top cities characterised by a diverse mix of tourist infrastructure, range of activities, fair costs and proximity […]

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Thailand: FPO cuts 2019 growth forecast

The Fiscal Policy Office (FPO) has reduced its 2019 economic growth forecast to 3.8% from 4% as slower global economic growth takes a toll on exports.  The lower estimate came after merchandise shipments in US dollar terms shrank 1.6% for the first three months, compared with the target of 2% growth, said director-general Lavaron Sangsnit.  […]

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Thailand: Blockchain tops business trend survey

About a third of Thai executives say blockchain will be the most important new technology for their business over the next three years, according to a survey by Accenture.  Nontawat Poomchusri, country managing director and financial services lead of Accenture Thailand, said the executives ranked which DARQ (distributed ledger technology, artificial intelligence (AI), extended reality and […]

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Thailand: Debt reaches 11-year high

Thai workers’ debt has surged to the highest in 11 years, driven by higher living costs and easier access to loans.  The latest survey by the University of the Thai Chamber of Commerce (UTCC) had 1,200 respondents whose income is 15,000 baht per month or less. It found 95% of them were in debt.  The survey […]

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Thailand: Local home prices still a bargain

Hong Kong maintains its position as the world’s most expensive residential city, while Bangkok is ranked 33rd out of 35 cities surveyed, according to the latest research by CBRE.  The fifth annual Global Living Report by the multinational real estate services group underlines how investments in urban areas such as transport infrastructure, connectivity, retail, cultural centres […]

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