Thailand’s Big developers are getting bigger
In the residential market, Thailand’s top eight developers have seen their collective share expand to 49% in 2009, from 34% in 2008, even as the overall residential market contracted last year by as much as ... Thailand Business News
Thai Commercial Attaches Ordered to Clarify Political Situation
The commerce minister has asked all Thai commercial attach
THAI Fears Protest Effects on Passenger Number
Thai Airways International claims political tension has been affecting the number of passengers more than the volcanic eruption in Iceland. The company will lose more if all flights have less than 60 percent of capacity filled on average. Piyasvasti Amranand, president of Thai Airways International, commented on the volcanic eruption in Iceland. He said that all of the 22 flights to Europe have resumed.
More hotels, restaurants are closing in Thailand’s central business district
Apart from the economic damage made to the business sector, the ongoing rally in Thailand's capital has also posed threats to the tourism sector. Thailand Business News
Phuket tourism holding up despite Bangkok clashes
After speaking to hotel executives about Phuket, it is evident that for the moment the nation's capital remains an isolated epicentre of both metrics and opinion. It is a pity that the travel advisories that have been put out do not clearly state that Bangkok is the only affected area Thailand Business News
World Bank forecasts Thailand’s GDP growth to 6.2 per cent in 2010
All in all, a more favorable external environment should help boost real GDP growth to 6.2 percent in 2010. After this year, slower growth in developed countries, emerging capacity constraints as capacity idled during the crisis is quickly put to use, and the weight of the ongoing political turmoil on new investment, should likely keep growth below Thailand’s historical average of 5.1 percent Thailand Business News
Thailand’s opposition rally losses three hundred million baht
Businesses stand to lose two or three hundred million baht in revenue today because of the anti-government rally blocking Ratchaprasong intersection, Thanawat Polwichai, director of the Economic and Business Broadcasting Centre at the University of Thai Chamber of Commerce, said on Saturday. Thailand Business News
Small and medium enterprises are making up 99.7% of Thai companies
Small and medium enterprises are the beating heart of Thai business, making up 99.7% of companies operating in the country. The semi-governmental agency that offers them support is known as OSMEP, or the Office of ... Thailand Business News