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Thailand: Consumer sentiment at multiyear high

Consumer confidence rose to its highest level in 64 months in August, driven by the growing economy and higher prices for many farm products such as fruits, corn and tapioca.  According to the latest survey by the University of the Thai Chamber of Commerce (UTCC), the consumer confidence index in August rose to 83.2 from […]

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Thailand: Simpler VAT refunds urged to boost sales

The government should let private operators run downtown VAT refund booths as part of the push to develop Thailand as a shopper’s paradise, says the head of the Thai Retailers Association (TRA).  The VAT refund services for tourists are available at certain department stores but remain limited, according to Worawoot Ounjai, the newly appointed TRA […]

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Thailand: Headline inflation tallies 1.62% in August

The headline inflation rate, as gauged by the increase in the consumer price index (CPI), was 1.62% year-on-year in August, the highest since October 2014, driven by rising prices for energy and fresh food.  The Commerce Ministry reported yesterday consumer prices rose for a 14th straight month in August, mainly driven by higher prices for energy, […]

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Thailand: DTAC expiry hangs over NBTC

Over 1 million mobile customers using Total Access Communication’s (DTAC) 850-megahertz spectrum network will be disconnected from mobile service after Sept 15, as the board of the telecom regulator will likely cut off the mobile network service after the concession expires.  Furthermore, all 21 million DTAC customers will lose their mobile connection in areas the company’s […]

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