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…

Thai inflation climbed to 1.24% in March 2019

Thai inflation climbed to 1.24% in March 2019

Thai inflation climbed to 1.24% in March 2019 Core inflation stood at 0.58%YOY, stable from 0.60%YOY in the previous month following stagnated prepared food, housing rent and medical and personal care price index. Headline inflation surged to 1.24%YOY in March, up from 0.73%YOY in the previous month. Raw food and energy prices are the main drivers…

Thai Government to focus on EEC projects to propel economy

Thai Government to focus on EEC projects to propel economy

Thai Government to focus on EEC projects to propel economy PM Prayut Chan-o-cha will unveil his new government’s policy statement in Parliament when it sits formally on Thursday. Leaks to the media indicate his 12 ‘urgent’ and 12 ‘long-term’ policies will help Thailand step up to “developed-nation status” with many of the policies focussing on…

SCB cuts GDP growth forecast to 3.1%

SCB cuts GDP growth forecast to 3.1%

SCB cuts GDP growth forecast to 3.1% The EIC has revised downwards its Thai economic expectations in 2019 to 3.1 percent from 3.3 percent, largely as a result of the trade war between the United States and China Bangkok, (NNT) – Government investment remains the main factor in steering the economy as the trade war…

Thai exports fell by -5.8%YOY in May 2019

Thai exports fell by -5.8%YOY in May 2019

Thai exports fell by -5.8%YOY in May 2019 Reported negative growth in May represented a seven-consecutive month decline, with growth plummeting to a 34-months lowest rate. The value of Thai exports fell by -5.8%YOY in May 2019, after a -2.6%YOY contraction in the previous month. Reported negative growth in May represented a seven-consecutive month decline,…

Thai farmers income on the rise

Thai farmers income on the rise

Thai farmers income on the rise According to latest Agriculture Ministry’s survey, Thai farmers earned more income this year, as the output of rice, para rubber, fruit and corn has substantially increased. Bangkok, 20 June 2019 (NNT) – Last year, Thai farmers earned more income and enjoyed better quality produce, thanks to the government’s marketing…

Thai vehicle production shrinks 6.11% YoY in May

Thai vehicle production shrinks 6.11% YoY in May Thai vehicle production in May 2019 was 181,338 units, which is 6.11 percent lower than the previous year due to declines in both domestic and international markets. BANGKOK, 14 June 2019 (NNT) – The Thai vehicle production yield in May 2019 was lower by 6.11 percent year-on-year…

World Bank downgrades Thai growth to 3.5%

World Bank downgrades Thai growth to 3.5%

World Bank downgrades Thai growth to 3.5% This is the first time since the 1997-1998 Asian financial crisis that growth in the region has dropped below 6% according to the World Bank’s latest “Global Economic Prospects” report. Thailand’s 2019 GDP growth outlook is seen down to 3.5% from the 3.8% forecast in January, according to…