The Thai consumer confidence index (CCI) fell for the second straight month in June, weighed down by poor farm product prices and concerns about a slower-than-expected economic recovery, according to a survey by the University of the Thai Chamber of Commerce (UTCC). The UTCC survey showed that consumer confidence index declined to 74.9 points in June, […]
Read MoreExports increased by about 12 percent in the first quarter of the year compared with the same time last year, thanks to the improved economic performance in countries which make up the markets, especially the United States and the European Union. Commerce Ministry data shows exports reached $2.55 billion, compared with $2.28 billion last year. […]
Read MoreThe commerce ministers of Cambodia and Thailand yesterday agreed to delay a planned 2017 forum on trade. The meeting between Commerce Minister Pan Sorasak and his Thai counterpart Apiradi Tantraporn was held to discuss preparations for the Cambodia-Laos-Myanmar-Vietnam-Thailand (CLMVT Forum) 2017. But the two ministers agreed to push the forum to early 2018, while also […]
Read MoreVietnam has outlined plans to boost revenues from rice exports over the next decade by focusing on a higher quality product and selling more outside Asia. The world’s third biggest rice producer wants to boost production of higher quality 5 and 10 percent broken rice and decrease output of 15 percent broken rice, according to […]
Read MoreSubdued inflation in recent years might raise concern about the health of the Thai economy in general. In the past three years, inflation in Thailand has been almost the lowest among Asean countries. A casual observer might blame this on the tepid economy, leading to weak demand that has subsequently reduced price pressure. However, before jumping […]
Read MoreExpenditure to be even higher in H2 – DBM Infrastructure and other capital spending rose sharply in May mainly on priority public works projects and the modernization of the armed forces, the Department of Budget and Management (DBM) said on Thursday. Analysts saw the surge in spending as an indication of the Duterte government’s political […]
Read More
Thailand
