April’s exports fall to the lowest level in 24 months

April’s exports fall to the lowest level in 24 months

April’s exports fall to the lowest level in 24 months “Deputy PM Somkid Jatusripitak has scheduled a meeting on May 31 with Thailand’s commercial attachés from across the world in a bid to boost exports.” Thailand’s exports fell 2.6% last month (April) to US$18.5 billion, the lowest level since May 2017. Thai PBS reports that…

WeWork opens up in Bangkok. What is WeWork?

WeWork opens up in Bangkok. What is WeWork

WeWork opens up in Bangkok. What is WeWork? “This will pave the way for WeWork’s unique proposition to connect two major groups within the WeWork community: corporations looking to innovate, and start-ups looking to grow and better establish their business.” WeWork has started operations in Thailand. So what is WeWork? WeWork – a platform for…

Thai exports pay price for US-China trade war

Thai exports pay price for US-China trade war

Thai exports pay price for US-China trade war US markets the new hope after shipments slump to a 24month low last month. THAI EXPORTS contracted in April by 2.6 per cent year on year, hitting their lowest level in 24 months, impacted by the US-China trade war, the Commerce Ministry said yesterday, adding it was…

EGCO posts 47% Q1 gain due to increased power generation

EGCO posts 47% Q1 gain due to increased power generation

EGCO posts 47% Q1 gain due to increased power generation Electricity Generating Public Company Limited is showing Bt2,915 million in first-quarter 2019 operating profit as it looks to future growth. Looking forward, EGCO Group is planning to convert its former power plant land in Rayong into an industrial estate within the Eastern Economic Corridor (EEC)…

Thai growth slips to 4-year low in Q1

Thai growth slips to 4-year low in Q1

Thai growth slips to 4-year low in Q1 Thailand’s GDP growth slowed sharply to 2.8% year-on-year in the first quarter of 2019 from 3.6% in the previous quarter The National Economic and Social Development Council (NESDC) reported that GDP rose 2.8% year-on-year in the first quarter. Workers are seen carrying out construction work at the…

Skål International heads to Phuket, June 2020

Skål International heads to Phuket, June 2020

Skål International heads to Phuket, June 2020 Tourism industry professionals from all over the world are expected to descend on Phuket between June 25-27, 2020, for the 49th edition of Skål Asia Congress. With more than 15,000 members in almost 90 different countries, Skål International is the world’s largest organisation of tourism professionals. Through countless local, national…

Thai GDP forecast cut to 3.3% to 3.8%

Thai GDP forecast cut to 3.3% to 3.8%

Thai GDP forecast cut to 3.3% to 3.8% THE National Economic and Social Development Council (NESDC) has adjusted down its GDP forecast from 4 per cent to 3.3 to 3.8 per cent, citing the impact on Thai exports from the escalating US-China trade war as the key factor. “The escalation of the trade war is…

Thai Economy likely to miss the 3.5% growth target

Thai Economy likely to miss the 3.5% growth target

Thai Economy likely to miss the 3.5% growth target Deputy Prime Minister Somkid Jatusripitak said the global economic slowdown hasweakened exports and reduced domestic consumption Deputy Prime Minister Somkid Jatusripitak said the Thai economy is likely to stay below the 3.5% growth target as projected earlier. He said the global economic slowdown hasweakened exports and…