Display mode (Doesn't show in master page preview)

26 Apr 2023

Thai Economy

Thai exports contracted 4.5% YoY in 1Q23, pressured by the slowing global economy and the high base of 2022 (Business Brief No.4000 Full Ed.)

... Read more

30 Mar 2023

Thai Economy

Thai exports in 2023 may see a deeper contraction of 1.2 percent, affected by the global economic slowdown (Business Brief No.3996 Full Ed.)

Thai exports in 2023 may see a deeper contraction of 1.2 percent, affected by the global economic slowdown... Read more

15 Nov 2018

Thai Economy

Higher Growth Potential of Public Construction in 2019, Buoyed by Mega Projects (Current Issue No.2937)

A number of infrastructure projects have exhibited satisfactory progress after the government’s announcement of an action plan to expedite large infrastructure investments in 2016-2018 with an important impetus being the Eastern Economic Corridor (EEC) program with THB trillions of investment. Completed construction include the Laem Chabang Port A project and the civil work under the Red Line Mass Transit System while ongoing projects are, for example, seven routes under the Double-Track Rail Project Phase 1, part of Contract No. 1 of the Thai-Chinese High-Speed Train Project (Bangkok-Nakhon Ratchasima), three Mass Transit Rail Projects in Bangkok, namely the Red, Pink and Yellow Lines. ... Read more

1 Jun 2018

Thai Economy

Inflation accelerated to 1.49% in May given high energy prices 2H18 pace may ease due to last year’s high base of comparison (Business Brief No.3745)

Head line inflation in May 2018 accelerated to 1.49 percent, mainly on the back of domestic energy prices that had risen in line with the uptrend of global crude oil prices to nearly USD80/barrel. If global crude oil prices are within the range of USD70-80/barrel over the remainder of 2018, Thailand’s energy prices will continue to rise. However, headline inflation in 2H18 may increase at a slower pace than the May record on account of the high base of comparison in 4Q17 after the excise tax restructuring, gradual increases in domestic oil prices in sync with hiker global crude oil prices and the government’s measure to peg the diesel prices at not more than THB30/liter.... Read more

4 May 2018

Thai Economy

Number of Middle Eastern Tourist Arrivals to Thailand May Contract in 2018 due to Economic and Competition Factors (Current Issue No. 2909)

KResearch thus expects that the number of Middle Eastern holidaymakers to Thailand will continue to shrink during the remainder of 2018. As a result, the number of Middle Eastern tourist arrivals will reach perhaps 7.58-7.79 million in 2018, shrinking 4.2-1.4 percent, against the 5.7 percent growth reported for 2017. It is expected that such tourists will spend around THB60.6- 62.5 billion, contracting 2.1-1.0 percent, versus the 8.3 percent growth recorded in 2017.... Read more

26 Apr 2023

Thai Economy

Thai exports contracted 4.5% YoY in 1Q23, pressured by the slowing global economy and the high base of 2022 (Business Brief No.4000 Full Ed.)

... Read more

30 Mar 2023

Thai Economy

Thai exports in 2023 may see a deeper contraction of 1.2 percent, affected by the global economic slowdown (Business Brief No.3996 Full Ed.)

Thai exports in 2023 may see a deeper contraction of 1.2 percent, affected by the global economic slowdown... Read more

15 Nov 2018

Thai Economy

Higher Growth Potential of Public Construction in 2019, Buoyed by Mega Projects (Current Issue No.2937)

A number of infrastructure projects have exhibited satisfactory progress after the government’s announcement of an action plan to expedite large infrastructure investments in 2016-2018 with an important impetus being the Eastern Economic Corridor (EEC) program with THB trillions of investment. Completed construction include the Laem Chabang Port A project and the civil work under the Red Line Mass Transit System while ongoing projects are, for example, seven routes under the Double-Track Rail Project Phase 1, part of Contract No. 1 of the Thai-Chinese High-Speed Train Project (Bangkok-Nakhon Ratchasima), three Mass Transit Rail Projects in Bangkok, namely the Red, Pink and Yellow Lines. ... Read more

1 Jun 2018

Thai Economy

Inflation accelerated to 1.49% in May given high energy prices 2H18 pace may ease due to last year’s high base of comparison (Business Brief No.3745)

Head line inflation in May 2018 accelerated to 1.49 percent, mainly on the back of domestic energy prices that had risen in line with the uptrend of global crude oil prices to nearly USD80/barrel. If global crude oil prices are within the range of USD70-80/barrel over the remainder of 2018, Thailand’s energy prices will continue to rise. However, headline inflation in 2H18 may increase at a slower pace than the May record on account of the high base of comparison in 4Q17 after the excise tax restructuring, gradual increases in domestic oil prices in sync with hiker global crude oil prices and the government’s measure to peg the diesel prices at not more than THB30/liter.... Read more

4 May 2018

Thai Economy

Number of Middle Eastern Tourist Arrivals to Thailand May Contract in 2018 due to Economic and Competition Factors (Current Issue No. 2909)

KResearch thus expects that the number of Middle Eastern holidaymakers to Thailand will continue to shrink during the remainder of 2018. As a result, the number of Middle Eastern tourist arrivals will reach perhaps 7.58-7.79 million in 2018, shrinking 4.2-1.4 percent, against the 5.7 percent growth reported for 2017. It is expected that such tourists will spend around THB60.6- 62.5 billion, contracting 2.1-1.0 percent, versus the 8.3 percent growth recorded in 2017.... Read more