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Call for revival of ‘Shop and Payback’ scheme to boost Thai economy
FRIDAY, OCTOBER 18, 2024
Retailers’ association reckons reinstating the scheme will increase yearend spending and inject up to 100 billion baht into the country in the 4th quarter
Why TikTok is dangerously good at making you spend money
TUESDAY, DECEMBER 05, 2023
Earlier in 2023, TikTok launched an in-app shopping feature. The budding marketplace now sells millions of dollars of products every day. Not only is TikTok extremely good at keeping us hooked on video content, it's apparently also great at getting us to buy stuff.
Asia fuels global growth, yet economic momentum slows
THURSDAY, OCTOBER 26, 2023
Strong consumer spending has supported growth in Asia’s three largest economies this year, but there are signs that the region’s recovery may be running out of steam.
Credit-card spending by consumers on overseas travel sees sharp increase: Krungsri
WEDNESDAY, JUNE 28, 2023
Consumer spending via credit cards is rising, mostly related to overseas travel, according to Krungsri Consumer, a subsidiary of Bank of Ayudhya Plc.
Malaysians tighten belts during Ramadan as food prices continue to rise
SATURDAY, APRIL 01, 2023
With high prices squeezing people’s purchasing power, economic experts say consumers tend to be more cautious in spending, especially when there is no corresponding rise in income.
Consumer spending expected to hit 17-year high during New Year period
THURSDAY, DECEMBER 22, 2022
Bolstered by the government’s stimulus measures, Thailand's consumer spending is predicted to hit a 17-year high, reaching 103.04 billion baht, according to the University of the Thai Chamber of Commerce (UTCC).
Mother’s Day spending this year to hit a 10-year high: survey
TUESDAY, AUGUST 09, 2022
Consumer spending on Mother's Day (August 12) is expected to increase by 9 per cent over 2020, the highest in 10 years, the University of the Thai Chamber of Commerce (UTCC) has estimated.
Pork and chicken prices to drop after Chinese New Year: Jurin
MONDAY, JANUARY 31, 2022
Commerce Minister Jurin Laksanawisit is confident that food prices will continue to fall gradually after a seasonal rise during Chinese New Year celebrations this week.
4% growth forecast as consumer spending, tourist arrivals show upward trend
FRIDAY, JANUARY 28, 2022
The Finance Ministry predicts a 4-per-cent growth in Thailand’s gross domestic product (GDP) this year, fuelled by higher domestic spending and 7 million foreign tourists.
Retail sentiment slumps to lowest level in 16 months, recovery expected only in 2023
SUNDAY, AUGUST 15, 2021
The 7th Retailer Sentiment Index (RSI) survey for 2021 slumped to 16.4 from the average of 50, the deepest drop in 16 months and below the April 2020 level of 24.3, reflecting the high rate of anxiety.
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