Consumer confidence fell for the second straight month in October on concerns about the impact of higher oil prices, relatively low crop prices, an escalating international trade row, lower exports and the Chinese tourist plunge. The latest survey by the University of the Thai Chamber of Commerce (UTCC) found the consumer confidence index in October dipped […]
Read MoreINVESTOR CONFIDENCE has fallen for the first time in five months amid the ongoing US-China trade war and rising US interest rates. The Federation of Thai Capital Market Organisations’ (Fetco) Investor Confidence Index (ICI) for the next three months (through to January 2019) fell into the neutral zone, decreasing by 7.23 per cent to 113.73. […]
Read MoreA series of tourism stimulus measures, including visa fee waivers for citizens of some countries and improved safety and security rules, is about to go before the cabinet as the industry looks for a boost in the last two months of the year. The stimulus aims to draw foreign travellers to Thailand during the peak season […]
Read MoreThe Energy Ministry is considering using a surplus of crude palm oil this year to replace fossil fuels for power generation at two state-run plants in Chachoengsao and Ratchaburi. The tentative plan is to be implemented at Bang Pakong power plant, owned by the Electricity Generating Authority of Thailand (Egat), and Ratchaburi power plant, owned by Ratchaburi […]
Read MoreThailand has dropped 11 spots in the proficiency rankings for non-native English speaking countries. The kingdom is now ranked 64th among the 88 listed countries and territories in the EF English Proficiency Index 2018. This year’s ranking, conducted by Switzerland- based Education First, a language school operator with branches worldwide, is based on test data from […]
Read MoreSMART machines, digital technology and global oversupply have prompted businesses and industries to find their “blue oceans”, according to Professor W Chan Kim, director of the INSEAD Blue Ocean Strategy Institute. Kim, who is also co-author of the 2017 book “Blue Ocean Shift”, said at th recent Krungsri Business Forum in Bangkok that the global output of goods will continue rising […]
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