The Commerce Ministry pledges to shore up key farm products this year if their prices fall below targets set by the ministry. Officials also vow to monitor food prices and service charges at restaurants to ensure fairness to consumers. Whichai Phochanakij, director-general of the Internal Trade Department, said the department set target prices for seven […]
Read MoreThe government is considering extending its grip on the exports of wood products and mai khud lom — trees grown to a certain size and dug from the ground to be replanted in other places for landscaping — to build confidence of trading partners and increase shipments. Adul Chotinisakorn, director-general of the Foreign Trade Department, said […]
Read MoreThe construction market is expected to maintain its growth prospects in the next few years, helped primarily by major public sector infrastructure projects. We believe that private-sector construction work will also increase, helped by the expansion in public infrastructure projects and a recovery in residential property activity. However, competition will remain fierce; hence our neutral rating. […]
Read MoreThailand’s annual headline inflation rose to a four-year high in 2018, boosted by energy and house rent, but the rate still moved in the target range set by the government. The Trade Policy and Strategy Office under the Commerce Ministry reported Wednesday that headline inflation, gauged by the increase in the consumer price index (CPI), was […]
Read MoreThe office space market will continue to be robust over the next two years, with rents breaking historical records and demand expected to rise after the 2019 general election, according to property consultant Knight Frank Thailand. Marcus Burtenshaw, executive director and head of occupier services and commercial agency, said the general election will spur demand for […]
Read MoreFinance Minister Apisak Tantivorawong sees interest rate hikes, capital mobility and political stability after the general election as economic concerns for 2019. Cheap money is no longer available, he said, referring to the central bank’s policy rate increase in December. Farm sector reform is still far-fetched and state subsidies are still needed, he said. Reforming […]
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Thailand
