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Thailand: Inflation slowing as supply increases

Inflation slowed for three consecutive months, easing from 5.9% in October to 5.5% in November, on prices of fresh food and ingredients as supply increased, according to the Commerce Ministry. Poonpong Naiyanapakorn, director-general of the ministry’s Trade Policy and Strategy Office, said the consumer price index stood at 107.92 in November, compared with 102.25 a […]

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Thai Company to Build ASEAN’s Largest Wind Farm in Laos

Thai electric power distribution company BCPG Public will begin the construction of ASEAN’s largest wind farm in Laos at an estimated cost of development of USD 1.5 billion. Deputy Minister of Planning and Investment, Mr. Sathabandith Insysiengmay, and BCPG President, Mr. Niwat Adirek, as well as other officials, signed the concession agreement of the Monsoon […]

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Thailand: Exports forecast to ease in final quarter

Exports are expected to contract by 1-3% in the fourth quarter year-on-year because of slowing global demand, according to the national shipping trade group. Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council (TNSC), said yesterday the value of Thai shipments may fall to an average of US$23.5 billion a month in November and December […]

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Thailand: Travel agents urge region to reopen

Ongoing travel restrictions and entry requirements in some countries are the most critical obstacles to expanding the tourism sector, according to the Thai Travel Agents Association (TTAA). Charoen Wangananont, president of TTAA, said Thai outbound tourism in the last two months of this year remains strong, despite concerns about an economic recession, particularly to destinations that […]

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Thailand: Business investment in sustainability key

Investment in sustainability has become crucial for enterprises as a response to both regulations and consumer demand, says SAP, a global enterprise application software provider. “Sustainability is critical for every single business. Asian firms, including those in Thailand, need to follow this trend, especially if they are manufacturing-based,” said Atul Tuli, managing director of SAP Indochina. […]

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