Category archives: Business

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The Ministry of Commerce reports that the value of Thai goods exported to the Middle East has continued to grow for a second month at 2.9 percent, with health products being the most popular item. However, the ministry has suggested exporters carefully manage risks presented by exchange rate fluctuations. The…

The Tourism Authority of Thailand (TAT) is expecting 3.18 trillion baht (US$105 billion) in overall tourism revenue for Thailand in 2020, or a four per cent year-on-year increase. This includes 2.02 trillion baht from international tourists (up three per cent) and 1.16 trillion baht from domestic tourists (up five per…

This post is an excerpt of a longer article. Credit cards have become such a simple and integral part of shopping and life generally that it is now entirely possible to go for months and perhaps even years without touching a banknote. You can pay your bills, buy your groceries,…

Thais are spending less than usual, according to a recent poll by Suan Dusit Rajabhat University. The poll asked 1,174 people about their spending habits, of which around 70% stated they’ve cut back on leisure spend, around 40% said they are cooking at home more, around 23% plan their budgets,…

Thailand’s digital economy is projected to explode by 2025, according to a 2016 study conducted by Google and Temasek, a Singaporean investment firm. The study outlines some reasons why the digital economies of Thailand and other Southeast Asian countries could be sitting on a huge powder keg. Thailand’s bricks and…