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Thailand: Oil retailers splash out for market share

Although global oil prices have rebounded more than 60% from the record low of US$30 a barrel during 2014-16 to a range of $50-55, oil demand remains high, encouraging oil retailers to run promotional campaigns to attract motorists. Thai retail oil demand has seen double-digit growth over the past few years, thanks partly to massive […]

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Thai exports on track

BANGKOK (Bangkok Post) – The prospect of Thailand’s exports growing by five percent this year looks good after outbound shipments for March fared better than expected, jumping 9.2 percent year-on-year. Nopporn Thepsithar, acting president of the Thai National Shippers’ Council, said yesterday for the first time that Thai exports have a chance to grow by […]

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Thailand: Foreign film productions brought in B900m in Q1

Thailand earned over 900 million baht of revenue from international film productions in the first quarter of 2017, thanks to new incentives offered to movie producers, according to the Department of Tourism. The department projected that the country would reach the target of receiving 3-4 billion baht from foreign film production in this year, according […]

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Thailand: Exports on track to achieve 2017 target

The prospect of Thailand’s exports growing by 5% this year looks good after outbound shipments for March fared better than expected, jumping 9.2% year-on-year. Nopporn Thepsithar, acting president of the Thai National Shippers’ Council, said yesterday for the first time that Thai exports have a chance to grow by 5% as targeted by the government, […]

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Thailand: Exports, imports rise sharply in March

Exports in March rose sharply by 9.2% year-on-year, with total shipments in the first quarter up by 4.9%, the highest quarterly growth in four years. Exports surged well above expectations in March, after declining the previous month, helped by strong demand for rubber and computers, in an encouraging sign for the export-dependent economy still trying […]

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