Business

The University of the Thai Chamber of Commerce's survey shows that in April 2023, Thailand's consumer confidence index (CCI) reached a 38-month high. The CCI rose to 55.0 in April, marking its 11th consecutive month of growth, compared to March's 53.8. The survey gathered data from 2,238 respondents across...

Thailand is anticipating a substantial rise in Chinese tourism come May, as Chinese airlines plan to increase the number of flights to the country. According to the Civil Aviation Authority of Thailand (CAAT), Chinese airlines have requested permission to raise flights to Thailand from 100 per week to 430...

Political parties seem hesitant in taking a strong stance on much-needed public sector reform. Political parties campaigning for Thailand's general election on May 14 are focusing on populist policies, including cash handouts, farm and energy subsidies, and short-term measures to tackle immediate issues. Thailand's public sector has long been criticised...

The Asia Pacific tourism industry is expected to exceed its pre-pandemic peak in 2025, according to a report by hospitality consulting firm, Horwath HTL. The report predicts that domestic tourism would lead the recovery, with international arrivals also set to return, albeit more slowly. Countries such as China, India,...

 Gearing up for the grey has become the latest trend in the business world. Businesses are adapting to serve the needs of the elderly; from healthcare and home care services to housing and technology, the possibilities are endless. As the population ages, entrepreneurs are stepping up to provide valuable and...

The government of Thailand has announced a significant increase in the number of electric vehicles (EVs) registered in the country in March, attributing this to various support measures and incentives. This is part of Thailand's efforts, as reported in Thailand Business News, to become a regional hub for EV...

March's industrial confidence index has taken a huge leap in Thailand as it marks the highest in the past decade. With a score of 98.3 points, the industry has witnessed a significant improvement in the post-pandemic period, marking a remarkable recovery after the downturn. The significant factors contributing to...

According to the latest statistics from the National Statistical Office, Thailand's unemployment rate has decreased to 0.8% in the first quarter of 2023, marking the lowest figure since the fourth quarter of 2019, before the outbreak of Covid-19 in the country. The NSO survey highlighted that this is the first...