Business confidence dropped in January to the lowest level in three months because of low purchasing power and farm product prices, while exports suffered from the US-China trade war. The Thai Chamber of Commerce (TCC) confidence index, which gauges nationwide business sentiment, dipped to 48 points from 48.4 in December, 48.3 points in November and 48 in […]
Read MoreThailand’s manufacturing production index (MPI) in January hit the highest level in 10 months with a 0.2% year-on-year rise to 107.99 points, driven by higher production volume in the automotive, air-conditioning and sugar industries. The MPI increased for the fourth straight month in January, said Nattapol Rangsitpol, director-general of the Office of Industrial Economics (OIE). “The […]
Read MorePROPERTY DEVELOPERS are systematically expanding their marketing channels online, following the behaviour of Thailand’s consumers whose digital and online purchases have risen four-fold over the past decade, property marketing experts said. The latest reports by Electronic Transactions Development Agency (ETDA) show e-commerce in Thailand grew to Bt3.2 trillion in 2018, the strongest growth in the […]
Read MoreThe government has agreed to use the remaining cash from the Energy Conservation Fund to support a new recycling plan for discarded solar panels and vehicle batteries, in line with the goal of creating a circular economy. The Industry, Energy and Transport ministries will host the project after officials met last Thursday. “Thailand is encouraging people […]
Read MoreThe draft bill on rice reform is the latest political earthquake shaking up the country’s rice industry, as it has stirred an uproar among farmers and academics who have cried foul that the bill is designed to benefit large-scale commercial producers. It’s long been said that farmers represent the backbone of Thailand, but the bill is […]
Read MoreDevelopers are tempting buyers with heavy promotions to clear unsold, ready-to-transfer condo inventory before the new loan-to-value (LTV) limits take effect on April 1. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said every government measure related to the property sector has an impact on property sales or transfers, as shown by […]
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Thailand
