Bangkok Post: Global economic growth in 2023 is expected to remain sluggish, following a year roiled by the war in Ukraine and soaring inflation. The International Monetary Fund projects global economic growth of 2.7% in 2023, slowing from 3.2% last year and 6% in 2021. A key factor behind the slowdown is a shift in […]
Read MoreThe past three years have proven to be challenging for many people following the outbreak of the Covid-19 pandemic. Though the situation has improved, many businesses are still grappling with economic pressures, such as higher costs driven by inflation and higher energy prices, while concerns over climate change are motivating businesses and the public to become more […]
Read MoreConsumer spending during the New Year holiday is expected to reach 103 billion baht, pushed by the country’s continued economic recovery from the pandemic. The estimated spending is an expansion of 20.1% from the 85.7 billion baht posted during the previous New Year period, the highest increase since 2007 and the first time in three years consumption […]
Read MoreEnforcement of the financial transaction tax could give foreign investors a reason to exit the Thai stock exchange and focus on other bourses, according to investment analysts. The tax on securities trades, which comes into effect next year, could drive foreign traders away as the levy lowers the liquidity of the Thai market, they said. […]
Read MoreThe Tourism Authority of Thailand (TAT) forecasts domestic tourism to tally 3.14 million trips during the New Year holiday, generating 11.2 billion baht, with the northern region posting the highest occupancy rate at 78%. The countdown celebrations in 12 provinces are poised to stimulate 4.21 billion baht for the local economy, said the agency. Yuthasak Supasorn, […]
Read MoreDemand for high-priced low-rise houses continued to grow for two consecutive quarters, with market value in the third quarter soaring by 58% from the second, while developers launched new supply in this segment. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said low-rise houses priced 20 million baht and higher posted significant growth […]
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