The Office of Small and Medium Enterprises Promotion (Osmep) is looking for new financing sources for firms after a plan to set up a novel fund to help SMEs survive the pandemic is likely to miss out on funding from the state’s 400-billion-baht economic and social rehabilitation scheme. On Aug 19, Osmep officials will discuss […]
Read MoreThe consumer price index (CPI), a gauge of headline inflation, dropped 0.98% year-on-year in July, the fifth straight month of decline. But the rate slowed from -1.57% in June, -3.44% in May (the biggest drop in nearly 11 years) and -2.99% in April. The March reading of -0.54% marked the first contraction in 33 months. […]
Read MoreCommerce Minister Jurin Laksanawisit pledges to speed up adjustment of the Thai rice strategy as quickly as possible as the industry faces a slew of challenges including a strong baht and rising production costs. Mr Jurin said after presiding over a Thai hom mali fragrant rice fair on Wednesday that rice exports have fared poorly since the beginning […]
Read MoreContinuous foreign net outflows from Thailand’s stock market are not caused by headwinds to the economic outlook, but rather the country’s lower competitiveness and structural economic problems, says KKP Research. Foreign investors have been net sellers of Thai stocks since 2013, with a combined value of more than 800 billion baht. Foreign investors have also […]
Read MoreA robust office market has attracted non-developer Thai investors and foreign investment groups, with a large amount of new supply being added in Bangkok after 2024, according to property consultant Colliers International Thailand. Phattarachai Taweewong, associate director of research and communications at Colliers, said new office supply in the pipeline scheduled for completion from 2025 […]
Read MoreThe Bank of Thailand is expected to hold its key interest rate steady on Wednesday and preserve its limited ammunition for later, even as the coronavirus pandemic pushes the economy towards its worst annual performance ever. All but two of 26 economists in a Bloomberg survey expect the central bank to keep its key rate […]
Read More
Thailand
