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Thailand: Consumer confidence plunges again

Consumer sentiment dropped for the third straight month in March, hitting the lowest level in six months, as consumers remain concerned about the spread of the Omicron variant, higher costs of living and the impact of the Russia-Ukraine war. The University of the Thai Chamber of Commerce (UTCC) reported yesterday the consumer confidence index fell […]

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Thailand: Consumer mood at 6-month low

Consumer confidence dropped for a third straight month in March, hitting a six-month low, the University of the Thai Chamber of Commerce said on Friday. The consumer index of fell to 42.0 in March from 43.3 the previous month.  Its survey attributed the fall to concerns over the coronavirus outbreak, higher living costs and the […]

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Beijing boosts regional cooperation with Mekong-Lancang nations

China has committed to many regional development projects under the Belt and Road Initiative and the LMC with the Mekong-Lancang countries. Thong Mengdavid, a research associate of the Mekong Center for Strategic Studies at the Asian Vision Institute, a think tank in Phnom Penh, told China Daily that China has committed to many regional development projects under […]

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Thailand: Industry sentiment on 2-year high

The Thailand Industry Sentiment Index (TISI) rose to 89.2 points in March, the highest in 25 months, while the mood in April should be improved by the Songkran festival, says the Federation of Thai Industries (FTI). Entrepreneurs are increasing their production to serve customers as demand for goods is expected to grow during the five-day […]

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Thailand: Baht under pressure from foreign outflows

The baht opened at 33.51 to the US dollar on Friday, unchanged from Thursday’s closing rate. Krungthai Bank market strategist Poon Panichpibool predicted the Thai currency would move between 33.40 and 33.60 during the day. Poon said the baht will continue to swing sideways. The Thai currency is being pressured by the strengthening dollar after […]

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