Thailand’s Q2 growth rate at 2.3%, lowest in 19 quarters

Thailand’s Q2 growth rate at 2.3%, lowest in 19 quarters

Thailand’s Q2 growth rate at 2.3%, lowest in 19 quarters Thailand’s economic think-tank warned that something must be done quickly by the government, otherwise the economic situation will get worse. Thailand’s economic growth rate for the second quarter of this year registered at 2.3%, compared to 2.8% for the first quarter, which is the lowest…

Digital technology is drastically reshaping Thai media

Digital technology is drastically reshaping Thai media

Digital technology is drastically reshaping Thai media “…journalism has never died despite the disruption. It’s just that media organisations and reporters are unable to survive because they cannot adjust to changes.” The Thaiger is a news and information portal, just one of a growing number of ‘disruptive media’ replacing traditional media and news outlets. It…

PTT to invest 30bn ($967M) baht in EEC

PTT to invest 30bn ($967M) baht in EEC

PTT to invest 30bn ($967M) baht in EEC PTT Public Company Limited has allocated some 30 billion baht, to invest in newer forms of energy in the Eastern Economic Corridor (EEC) BANGKOK, (NNT) – The global economic slowdown and trade war have caused fluctuations in energy prices. In response, PTT Public Company Limited has allocated…

Growth of Thai economy lowest in nearly five years

Growth of Thai economy lowest in nearly five years

Growth of Thai economy lowest in nearly five years The Thai economy registered growth of just 2.3% in the second quarter of 2019, compared with 2.8% in the first quarter. This is the lowest rate of growth in 19 quarters, according to Tossaporn Sirisamphan, secretary-general of Thailand’s economic think-tank, the National Economic and Social Development…

Thai advertisers deserting Print, but love Cinema and Transit ads

Thai advertisers deserting Print, but love Cinema and Transit ads

Thai advertisers deserting Print, but love Cinema and Transit ads Thai businesses are shunning newspapers and magazines for advertising, but still support cinema advertising and ‘transit’ media. Newspaper advertising spend dropped nearly 28%. Magazine spending wasn’t far behind dropping nearly 25%, year on year. Thailand’s advertising spend dropped 0.42% year on year in July to…

Thailand Ecommerce Market: Shooting For Success

Thailand Ecommerce Market: Shooting For Success

Thailand Ecommerce Market: Shooting For Success At present, the Thai ecommerce market is valued at USD 3.5 billion. According to a Google Temasek study, Thailand’s e-commerce market value is expected to surge to 13 billion USD by 2025 on the back of strong global demand for Thai products. Thailand’s nascent e-commerce industry is thriving and…