13 Apr 2023
Econ Digest
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12 Apr 2023
PM2.5 crisis could get worse if not addressed quickly... Read more
11 Apr 2023
KR-ECI fell in March 2023 as Thai households became more concerned about their debt service burden ... Read more
10 Apr 2023
7 Apr 2023
3 Apr 2023
Thai rice and cassava prices projected to increase during 2023, supported by demand from China’s reopening... Read more
31 Mar 2023
30 Mar 2023
28 Mar 2023
Amid reduced inflationary pressure, the MPC is expected to raise its policy rate by 0.25% to 1.75% at its meeting on March 29, 2023, possibly the last rate hike in this cycle ... Read more
24 Mar 2023
23 Mar 2023
20 Mar 2023
3 Mar 2023
Thai exports in January 2023 remained under pressure from the global economic slowdown, contracting for the fourth consecutive month, down by 4.5%YoY ... Read more
23 Feb 2023
21 Feb 2023
Thailand’s GDP expected to show continued growth in 2023 despite the fact the Thai economy grew less than expected in 4Q2022... Read more
14 Feb 2023
Thailand’s economic recovery trend boosted the KR-ECI up in January 2023, with Thai households’ perception of income and employment improving... Read more
9 Feb 2023
Keep an eye on…AI Chatbot technology, a new type of business helper.... Read more
2 Feb 2023
The Fed decided to raise its policy rate by only 0.25% as expected at the FOMC meeting on January 31 - February 1, 2023... Read more
1 Feb 2023
Virtual bank, providing financial service through technology to meet more customer needs ... Read more
30 Jan 2023
Alternatives for the business sector to address sustainability issues... Read more
27 Jan 2023
First FOMC Meeting in 2023: Fed is expected to raise its policy rates by 0.25 percentage points after weakening inflation... Read more
25 Jan 2023
24 Jan 2023
First MPC meeting of the year scheduled for January 25, 2023…the MPC is expected to raise its policy rate by 0.25% amid inflationary pressure and economic recovery trend ... Read more
20 Jan 2023
Earlier-than-expected arrival of Chinese tourists to drive foreign tourist arrivals to Thailand to 25.5 million in 2023... Read more
19 Jan 2023
18 Jan 2023
Spring Festival in the Year of the Rabbit…the spending atmosphere has improved for the first time in three years. Under prudent spending plans, Bangkok residents are expected to spend about 12.33 billion baht in total.... Read more
17 Jan 2023
EV charging points…urgent need to support the number of PHEVs and BEVs that may reach 300,000 by 2025... Read more
16 Jan 2023
Thailand’s 2023 GDP growth projected to increase to 3.7% due to China’s early reopening... Read more
13 Jan 2023
High cost of living continues to put pressure on the KR-ECI in December 2022, but the government measures to boost spending and the tourism sector bolster the future prospects of the KR-ECI... Read more
12 Jan 2023
Retail business in 2023 expected to grow 2.8-3.6% amid challenges of cost and purchasing power ... Read more
11 Jan 2023
What will happen to Thailand’s exports of solar cell products to the U.S. after the preliminary investigation, suggesting the circumvention of AD/CVD measures?... Read more
10 Jan 2023
BEV market...more compelling options, sales in 2023 are expected to double from 2022... Read more
9 Jan 2023
From October 1, 2023 onwards, Thai exporters must report carbon emissions for products in the CBAM’s targeted industries exported to the EU... Read more
6 Jan 2023
China’s easing of lockdown measures set to boost the recovery of Chinese tourist market... Read more
5 Jan 2023
What will be the trend of the food delivery business in 2023 after consumers resume their normal lives?... Read more
4 Jan 2023
Online payment sees continual growth…business expansion is accelerated for sustainability ... Read more
3 Jan 2023
Renewal of measures to reduce fees for residential ownership transfer and mortgage registration … supporting the residential market... Read more
29 Dec 2022
Thai exports in 2023 face pressure from trading partners’ economies…Full year expected to contract by 1.5% as a result of declining price effect... Read more
28 Dec 2022
ในช่วง 4 วันของเทศกาลส่งท้ายปีเก่าต้อนรับปีใหม่ 2566 (30 ธ.ค. 65 - 2 ม.ค 66) คาดว่าบรรยากาศท่องเที่ยวในประเทศไทยจะกลับมาคึกคักอีกครั้ง จากทั้งนักท่องเที่ยวไทยที่นิยมเดินทางข้ามจังหวัดในช่วงนี้ และจากนักท่องเที่ยวต่างชาติที่เดินทางเข้าไทยเพิ่มขึ้นต่อเนื่องตั้งแต่ต้นเดือน ธ.ค. 65 สร้างเม็ดเงินกระจายสู... Read more
27 Dec 2022
Bangkok residents’ spending for New Year 2023 celebrations projected to reach THB30.9 billion... Read more
26 Dec 2022
2023 international arrivals to Thailand projected to reach 20.0-24.0 million, with less spending per trip and changing travel patterns... Read more
23 Dec 2022
Change in Thailand’s banking business landscape in 2023…Thai banking businesses in 2023 may cautiously recover as the economy moves ... Read more
COP 15 conference: A mission to protect Biodiversity…driving business towards sustainability... Read more
22 Dec 2022
Farmer’s net income expected to shrink in 2023 due to price pressure ... Read more
19 Dec 2022
Sales of eco-friendly plastics tend to slow in 2023.Thailand may not fully benefit from the trend of reducing global warming ... Read more
KResearch has revised its 2023 GDP growth projection to 3.2% due to the global recession... Read more
16 Dec 2022
On November 29, 2022, the cabinet adopted a resolution to impose a financial transaction tax on securities at a rate of 0.11% (including 0.01% of local tax) of the transaction value. After the above resolution is published in the Royal Gazette, such tax will be levied at a rate of 0.055% (including ... Read more
15 Dec 2022
The FOMC meeting on December 13-14, 2022: The Fed slows rate hike to 0.50% as expected ... Read more
14 Dec 2022
KR-ECI in November 2022 improves for the first time in 14 months, but remains below pre-COVID-19 level, with Thai households less concerned about the cost of living like product prices and expenses... Read more
13 Dec 2022
The first anniversary of the Laos-China Railway…More options for Thailand-China cross border trade... Read more
9 Dec 2022
On November 22, 2022, the Thai Cabinet approved in principle the draft Product Liability Act B.E., which mandates operators to take responsibility for product defects for two years from the delivery date in order to protect consumer rights, especially for technology products where defects are hard t... Read more
8 Dec 2022
Did the economic recovery really boost investment in risk assets in 2022?... Read more
7 Dec 2022
Raise the contribution rate to the Financial Institutions Development Fund (FIDF) in 2023...to help pay off debts over 30 years ... Read more
The results of the COP27 conference reiterated the target to limit global temperature increases to below 1.5 degrees Celsius ... Read more
6 Dec 2022
During the 33rd Asia-Pacific Economic Cooperation (APEC) summit hosted by Thailand, French President Emmanuel Macron, the first French President to visit Thailand in 16 years, aimed to strengthen bilateral relations between Thailand and France in all areas, including attaching importance to economic... Read more
2 Dec 2022
E-Commerce business continues to grow although at a slower pace…the market value of B2C E-Commerce grew by an average of 26% per year over the past three years and is expected to expand at 4-6% in 2023.... Read more
1 Dec 2022
The MPC has raised its policy rate by 0.25%, which is expected to peak at 2.00% in 2023... Read more
A study and assessment on business accounts with outstanding debt conducted by the National Credit Bureau (NCB) shows that the recovery of the micro and super micro businesses remains fragile despite the fact that the COVID-19 crisis has subsided, and the economy is on the path towards recovery. As ... Read more
30 Nov 2022
Thai exports contracted 4.4% in October 2022 - the first time in 20 months…Exports to major trading partners dropped in line with the economic slowdown.... Read more
29 Nov 2022
The Monetary Policy Committee (MPC) began raising its policy rates at its August and September 2022 meetings by 0.25% each time, for a total of 0.50%, bringing the current policy rate to 1.00%. However, instead of raising interest rates immediately, most large commercial banks waited until October 2... Read more
28 Nov 2022
The Monetary Policy Committee (MPC) is expected to raise its policy rate by another 0.25% to 1.25% at its last meeting of 2022 amid mounting inflationary pressures while the Thai economy is set to gradually recover ahead. Thailand's headline inflation rate in October fell for the second consecutive ... Read more
25 Nov 2022
Active domestic tourism at year-end, number of domestic tourist trips is projected to reach 150.8 million in 2022, generating revenue of about THB6.3 billion... Read more
24 Nov 2022
Getting to know the Loss and Damage Fund to help developing countries cope with climate change ... Read more
23 Nov 2022
Coffee prices in the global market have been rising since the end of 2021. Brazil and Vietnam – the world’s major coffee suppliers – have faced severe climate change, which has caused a reduction in their coffee bean production. Particularly, the coffee output of Brazil - the world’s largest Arabica... Read more
22 Nov 2022
Thai GDP grew higher-than-expected in 3Q2022 due to the reopening of the country and is expected to exceed the previous estimate of 2.9% for the full-year... Read more
18 Nov 2022
APEC CEO Summit 2022…A forum to showcase the private sector vison for the APEC economic zone ... Read more
17 Nov 2022
What is the level of financial inclusion in Thailand compared to APEC? ... Read more
15 Nov 2022
KR-ECI stabilized in October 2022…Households still concerned about product prices while the flooding situation raised concerns about expenditures, income and employment... Read more
14 Nov 2022
The U.S. midterm election results are expected not to change recession trend in 2023... Read more
11 Nov 2022
The Baht resumed strengthening…but watch out for various volatile factors ... Read more
In 2022, residential property market indicators reflect a good recovery, but are not yet comprehensive. Residential property developers are accelerating their investment in new projects, driven by the confidence in the economic recovery after the COVID-19 outbreak subsides plus the recovery of the t... Read more
10 Nov 2022
Are Thai business operators ready for carbon tax?... Read more
9 Nov 2022
Soaring price of Thailand’s imported soybeans during 2022-2023 puts pressure on soybean use ... Read more
8 Nov 2022
Thailand joins the COP27 conference to set environmental direction for the business sector... Read more
7 Nov 2022
Revenue of restaurant business is expected to show growth in 2022-2023 despite the challenge of operating costs and maintaining profitability... Read more
4 Nov 2022
The FOMC meeting on November 1-2, 2022: The Fed raised its policy rates by 0.75%...What factors will affect the next rate hike?... Read more
3 Nov 2022
Mega projects boost the value of public construction to grow in 2023... Read more
2 Nov 2022
198 countries come together to solve environmental problems towards net-zero goals... Read more
1 Nov 2022
FOMC meeting on November 1-2, 2022, the Fed is expected to raise its policy rate by another 0.75% amid high inflationary pressures ... Read more
31 Oct 2022
Thai exports continued to expand by 7.8% in September 2022, driven by the expansion of industrial product exports and the easing of the semiconductor shortage... Read more
28 Oct 2022
Tourism in recovery…Which segments of hotel and accommodation will recover first?... Read more
27 Oct 2022
China’s economy grew by 3.9% in 3Q22…Keeping an eye on recovery amid various pressuring factors ... Read more
26 Oct 2022
Commercial banking business grew in 3Q2022 due to the gradual economic recovery after the easing of lockdowns ... Read more
Thailand’s new power development plan expected to be enacted in 2023... Read more
20 Oct 2022
The economic recovery after easing lockdowns supports banking business growth ... Read more
At present, many countries worldwide are transitioning to a less cash, or even a cashless society. Evidently, more consumers in foreign countries prefer e-payment that can be made via debit card, credit card, internet banking, mobile banking or e-wallet. However, the present level of cashless paymen... Read more
18 Oct 2022
KR-ECI stabilized in September 2022 due to stable commodity prices…Flooding raises concerns about income and employment ... Read more
17 Oct 2022
Households slow down, incurring large debts in 2Q22…Household debt to GDP dropped to 88.2%... Read more
12 Oct 2022
Floods in this rainy season affect in-season rice…damage estimated at approximately THB3 billion... Read more
11 Oct 2022
Carbon credit market in Thailand…Opportunities for business sector... Read more
7 Oct 2022
Cryptocurrency market is highly volatile…What are the 5 key factors for investing in the cryptocurrency market? ... Read more
6 Oct 2022
In a changing global trade environment, Thai industries must accelerate the development of advantages ... Read more
5 Oct 2022
Electricity price remains on the rise…Businesses are pressed to adapt to rising costs ... Read more
4 Oct 2022
A draft royal decree on hire purchase business to expand consumer protection ... Read more
3 Oct 2022
The Baht weakens on risk of global recession. How does it affect the Thai business sector?... Read more
30 Sep 2022
China’s severe drought…Opportunity for Thai jasmine rice exports... Read more
29 Sep 2022
The Baht continues to depreciate after the MPC raised the policy rate by 0.25%... Read more
28 Sep 2022
Thai exports resumed accelerated growth of 7.5% in August 2022 as exports of automobiles, air conditioners and agro-industrial products grew from the low base in the previous year ... Read more
Thai economic outlook amid global recession concerns ... Read more
27 Sep 2022
The MPC is set to raise its policy rate by another 0.25% amid pressure from a weaker Baht at a 16-year low... Read more
26 Sep 2022
Sugar tax on hold…The Excise Department has postponed the third-phase of the sugar tax increase for 6 months to help business operators reduce costs and buy time for formula adjustments and production development ... Read more
23 Sep 2022
KResearch projects that the vegetarian food consumption by Bangkok residents is likely to shrink by 6% YoY this year, while vegetarian food prices could rise by 10% from the previous year, making Bangkok residents’ spending during the Vegetarian Festival 2022 to be THB 3.2 billion, up by 4% YoY.... Read more
22 Sep 2022
The Baht falls to a nearly 16-year low after the Fed raises interest rates... Read more
21 Sep 2022
Under high inflationary pressures, the U.S. Federal Reserve (Fed) is expected to raise its policy rate by another 0.75% at the Federal Open Market Committee (FOMC) meeting slated for September 20-21, 2022, as the U.S. headline inflation rate for August remained above market expectations, despite a ... Read more
20 Sep 2022
Food delivery becomes an essential sales channel even in the face of high challenges... Read more
7 Sep 2022
The U.S. Senate has introduced the Clean Competition Act, comprising a carbon pricing mechanism (Carbon Pricing) for U.S-made products and a carbon border adjustment mechanism (US-CBAM) for imported products. The target industries include petroleum production and refining, petrochemicals, fertilizer... Read more
2 Sep 2022
The Thai government has implemented visa facilitation measures that will be one of the factors to encourage foreign patients (medical tourism) to resume medical services in Thailand, in order to speed up tourism recovery and stimulate the economy after the COVID-19 outbreak has subsided. These measu... Read more
18 Aug 2022
The U.S. CHIPS Act affects chip supply chains and undermines the competitiveness of Thailand’s electronics industry ... Read more
16 Aug 2022
Since everyone has to face problems affecting health and daily life such as PM2.5 dust, climate variability and the outbreak of COVID-19, it has made consumers aware of and more concerned about environmental issues. KResearch has conducted a survey on consumers’ behavior and their perspectives, rega... Read more
11 Aug 2022
What is the impact of the bank’s delayed interest rate hike on the Thai banking sector?... Read more
10 Aug 2022
Nursing home business expected to grow well despite facing high cost of living as boosted by seniors-patients with purchasing power ... Read more
9 Aug 2022
The Monetary Policy Committee (MPC) is expected to raise its policy rate by 0.25 percent to 0.75 percent at the upcoming meeting amid increased inflationary pressure, while the steady recovery trend of the Thai economy will also prompt the MPC to possibly slow down the economic accelerator pedal gra... Read more
8 Aug 2022
Presently, competition in the domestic automobile market, particularly the BEV market, has changed significantly. Following Thailand’s attempts to open up investment to sustain as much of the domestic automotive industry as possible, including accelerated support to the BEV market from this year to ... Read more
4 Aug 2022
3 Aug 2022
Alternative proteins: the future food trend, will they grow as expected?... Read more
1 Aug 2022
27 Jul 2022
Last-mile delivery business in 2022 will face intense competition, increasing delivery costs and weak purchasing power ... Read more
26 Jul 2022
FOMC meeting, July 26-27, 2022 …Another 0.75% rate hike likely amid steady increases in inflation while the US economy shows signs of cooling down ... Read more
19 Jul 2022
18 Jul 2022
Challenges for Thai commercial banks in 2H22: Supervision of fragile debtors as interest rates are set to increase ... Read more
15 Jul 2022
Global fears of a food crisis have prompted many countries to stockpile more food, including chicken products. On June 1, Malaysia suspended the export of chicken products, which severely affected its main trading partner, Singapore, and led to Singapore speeding up the search for new sources o... Read more
14 Jul 2022
“Thai rice” is at risk of a tighter supply amid lower production, causing rice prices to rise continually ... Read more
12 Jul 2022
China and Russia promote the use of local currencies instead of the U.S. dollar... Read more
11 Jul 2022
KR-ECI fell to a record low in June 2022, as households remain concerned about rising product prices after Thailand’s inflation hit a 14-year high.... Read more
8 Jul 2022
Cancellation of travel restrictions and full reopening to tourists effective July 1, 2022 – an important step to boost the rapid growth of Thailand’s inbound tourism market in 2H22... Read more
7 Jul 2022
The Thai Baht and other Asian currencies have recently depreciated 5.0-8.5% (except for the JPY, which depreciated by 15.2%) to their lowest levels in years, amid a trend of Fed rate hikes outpacing Asian central banks. The Baht weakened to its weakest level against the dollar in nearly 6 and a half... Read more
6 Jul 2022
Japan’s currency has weakened steadily, hitting a 24-year low of JPY136.24 per USD (as of June 22, 2022), a decline of roughly 17.1% from the figure reported in early 2022. The Yen has been the worst performing major currency among its peers. It also shows growing signs of softening during the remai... Read more
5 Jul 2022
Sharp drop in Yen to more than 20-year low has little impact on Thailand’s overall exports to Japan... Read more
24 Jun 2022
Food delivery business in 2022 is expected to total around THB77-80 billion, or a growth of 1.7-5.0%,lower than the 46.4% growth in 2021 ... Read more
21 Jun 2022
It is well known that investors around the world today are concerned with corporate environmental, social and governance or ESG practices while seeking monetary profit. Therefore, the business sector must focus on the disclosure of sustainability or ESG information to increase access to funding f... Read more
17 Jun 2022
At the June 2022 FOMC meeting, the Federal Reserve (Fed) raised the benchmark rate by 75 basis points or 0.75% to a range of 1.50-1.75% as anticipated by the market. This led to a positive reaction from financial markets, particularly stock markets, at least in the short-term, while the US dollar we... Read more
15 Jun 2022
The pressure on financial costs in Thailand is increasing in line with the global market trend, after the results of the latest Monetary Policy Committee (MPC) meeting reflect the likelihood of a policy rate hike at the MPC meeting in August 2022. In spite of this, KResearch is of the view that the ... Read more
31 May 2022
ESG Biweekly Update: The world is facing a food crisis, driving agricultural prices up by 42% in May... Read more
24 May 2022
The countdown to the Personal Data Protection Act (PDPA) will come into force on June 1, 2022,. All units and large institutions have attached great importance to and are prepared to comply with enforcement to reduce litigation disputes, build a good image, and establish trust with service users. Ho... Read more
20 May 2022
In an era where businesses have to weather the high cost of living ... Read more