The Thai National Shippers’ Council (TNSC) has trimmed its exports forecast to a range of -0.5% to 1% growth, compared with 0-1% growth previously, based on high uncertainty surrounding major trading partners the US, the EU and China, in addition to relatively high global interest rates. Chaichan Chareonsuk, chairman of the TNSC, said exports still have […]
Read MoreThailand’s economy is expected to grow 3.0% to 3.5% this year, the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) said on Wednesday, unchanged from its previous forecast, as tourism gathers momentum but exports soften. Exports, a key driver of the Thai economy, are projected to be flat or fall up to 2% this year, […]
Read MoreThailand Convention and Exhibition Bureau (TCEB) is seeking collaboration with Cambodia’s side, saying it sees high potential of MICE Industry in Cambodia after the country’s recovery from the COVID-19 crisis. The remarks were made by Chiruit Isarangkun Na Ayuthaya, President of TCEB in an interview with reporters of Cambodia’s state-owned news agency, the Agence Kampuchea […]
Read MoreThailand’s exports are expected to show between a 0.5% drop and a 1.0% rise this year as global demand remains soft but a weak baht is supportive, the Thai National Shippers’ Council said on Tuesday. The group earlier forecast between zero and 1% growth in exports, a key driver of the Thai economy. Trading partners’ economies […]
Read MoreThe Bank of Thailand aims to cut persistent debt in order to reduce the burden of households and help consumers exit from the debt cycle faster. The central bank will set out three guidelines for responsible lending (RL), risk-based pricing (RBP), and macroprudential policy this month, as a move to help solve the country’s household debt […]
Read MoreInformation technology spending by worldwide banking and investment service businesses is forecast to grow this year by 8.1% to US$652.1 billion, according to Gartner Inc. Spending on software will record the largest growth with an increase of 13.5% from 2022, the tech industry research and consulting group said. Spending in Thailand is forecast to reach […]
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