The Thai computer market continues to be subdued this year, with a possible contraction of 0-3% in terms of unit sales as the sluggish economy takes a toll on the segment, say industry analysts. Meanwhile, computers next year will be made smarter, faster and segmented with longer battery life, thanks to advanced technologies including 5G, […]
Read MoreMass disruption in retail is in the headlines, and we all know why: the rise of mobile, greater access to data, more transparency due to the internet, and so on. But what about groceries? Grocery shopping still commands one-third of our discretionary spending and uses up a key part of our budget and time, but […]
Read MoreTourism operators anticipate a gloomy New Year’s period, citing the strong currency as keeping foreign holidaymakers at home. Vichit Prakobgosol, president of the Association of Thai Travel Agents (Atta), said despite a huge influx of Chinese arrivals this year, Thailand is unlikely to gain much of a windfall from the New Year’s Eve event cancellations […]
Read MoreThe Bank of Thailand left the policy rate unchanged at a record low but offered a grim outlook by cutting forecasts for economic growth to 2.5% for this year and 2.8% the next as the US-China trade spat continues to hurt exports. The economy expanded below its potential as merchandise exports contracted more than previously […]
Read MoreThe Office of Trade Competition Commission (OTCC) has warned large retail companies against violating anti-monopoly laws after Britain’s biggest supermarket chain, Tesco, announced this month it is considering selling its remaining Asian businesses in Thailand and Malaysia. If prospective buyers want to go ahead with the purchase, “they need first to receive permission from the […]
Read MoreTHAILAND’S central bank left its benchmark interest rate unchanged at a record low on Wednesday, while cutting its growth forecasts for this year and next as exports take a hit from the US-China trade war and a strong baht. The Bank of Thailand’s (BOT) monetary policy committee (MPC) voted unanimously to keep the one-day repurchase […]
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Thailand
