The global economic slowdown has affected the exhibition business in Thailand as international exhibitors and visitors cut costs and downsize their spaces. Thai Exhibition Association president Pravit Sribanditmongkol said the number of exhibitions in Thailand has recovered to 70% of the level seen in 2019, and is expected to return to normal by the end of […]
Read MoreMore semiconductors are being supplied to the global auto industry, following a decline in demand for chips from the electronics sector, while car exports from Thailand reached their highest level so far this year in September, according to the Federation of Thai Industries (FTI). September auto exports soared by 35.9% year-on-year to 100,389 cars, an increase […]
Read MoreCooking gas prices will remain unchanged until the end of this year, even though world prices for liquefied petroleum gas (LPG) are falling, as authorities seek to shore up the heavily indebted Oil Fuel Fund. The retail price of cooking gas in Greater Bangkok will stay at 408 baht per 15kg cylinder, the Energy Policy Administration […]
Read MoreDomestic car sales in Thailand rose 15.64% in September from a year earlier to 74,150 units, helped by an economic recovery and new car models, the Federation of Thai Industries (FTI) said on Thursday. That compared with August’s 61.72% year-on-year jump. In the January to September period, car sales increased 19.13% from a year earlier. Car […]
Read MoreFitch Ratings expects higher earnings in the Thai banking sector, in line with the country’s economic recovery, with loan-loss reserves in the industry having peaked. Earnings in the Thai banking sector are forecast to continue to improve, driven by the economic recovery and reduced, though still elevated, provisioning, Fitch Ratings’ senior director and head of South […]
Read MoreThe new phase of the domestic tourism subsidy programme is being drafted with an additional 3-4 million hotel rooms, double the number in the fourth phase, which is scheduled to end this month, as the government aims to push GDP growth to 3.3% this year. Tourism Authority of Thailand (TAT) governor Yuthasak Supasorn said the upcoming […]
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