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Current crisis facing Thai businesses ‘worse than during Covid-19’
WEDNESDAY, JULY 03, 2024
A mix of factors such as the rapid technology transition, global polarisation and economic slowdown have plunged the Thai business sector in a crisis more severe than what it encountered during the Covid-19 pandemic, the Marketing Association of Thailand said on Wednesday.
Thai economy buffeted by many negative factors, say economists
MONDAY, JUNE 24, 2024
Rising household debts, low government spending, dropping purchasing powers, geopolitical risks pressuring the economy, warn experts
Thai exporters urged to tap new and under-utilised markets
SATURDAY, JUNE 22, 2024
Thailand should boost exports to three potential markets along with promoting secondary products to cope with global economic challenges, the Trade Policy and Strategy Office said on Saturday.
China’s economic slowdown hitting Thai exports, but tourism still strong: CIMB Thai Bank
TUESDAY, SEPTEMBER 05, 2023
CIMB Thai Bank has adjusted its Thailand GDP forecasts for 2023 to 3% and for 2024 to 3.5% owing to a slowdown in the Chinese economy.
Thai gems and jewellery exports lose their glitter amid global slowdown
MONDAY, JUNE 12, 2023
Thailand's exports of gems and jewellery dropped by 28.85% in April due to the global economic slowdown, the Gems and Jewellery Institute of Thailand (GIT) said on Monday.
Tourism expected to keep Thai growth steady despite fall in exports: Kasikorn Research
THURSDAY, MARCH 23, 2023
Kasikorn Research Centre is maintaining its forecast for economic growth in Thailand this year at 3.7%, it said on Friday. The centre lowered, however, its forecast for export growth this year to -1.2% from -0.5%, but said tourism will see more arrivals than previously expected.
Seven social trends shaping Thai business in 2023
WEDNESDAY, FEBRUARY 08, 2023
As businesses face the reality of a global economic slowdown, I am increasingly optimistic about Thailand's path forward in 2023, as local companies remain durable and resilient – focusing on performance following three years of tremendous transformation.
SCB EIC expects stronger CLMV economic growth in 2023, despite a global economic slowdown
WEDNESDAY, FEBRUARY 01, 2023
CLMV countries will gain a stronger growth momentum in 2023 but remain below their growth potential prior to the Covid-19
South Korean exports see decline accelerate in November
THURSDAY, DECEMBER 01, 2022
South Korea's exports fell for the second consecutive month on-year in November with the decline accelerating from the previous month due to the global economic slowdown and logistics disruptions over a truckers' strike, the Ministry of Trade, Industry and Energy said on Thursday.
Bankers warn US, Europe economic slowdown may tame Thailand's roaring exports
THURSDAY, OCTOBER 27, 2022
Economists from two leading banks warned on Thursday that the economic slowdown in the United States, the United Kingdom and the European Union may put a damper on Thailand’s hot exports.
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