US ambassador assures no change in Thailand policies
PHUSADEE ARUNMAS
The American ambassador to Thailand has affirmed that US trade policies involving Thailand will remain intact although US president-elect Barack Obama has vowed stricter measures on labour and environmental standards.
Washington p... Read more.
Written on Tuesday, November 11th, 2008 | Posted in
Business News
Chamber warns exporters
PHUSADEE ARUNMAS
The global financial crisis will dent Thailand’s export economy in both traditional key markets and new destinations such as the Middle East, warns the Thai Chamber of Commerce.
“The coming crisis is really the big problem (for the Thai economy),&... Read more.
Written on Tuesday, October 28th, 2008 | Posted in
Business News
Thai-Cambodian border trade returns to normal
BANGKOK, Oct 21 (TNA) — Cross-border trade between Thailand and Cambodia returned to normal Tuesday as Thai businessmen urged the governments of both countries to quickly settle the boder dispute, which they said serves no one.
Trade had come to a ... Read more.
Written on Tuesday, October 21st, 2008 | Posted in
General News
Thai-Cambodian trade, tourism to fall following border fighting
BANGKOK, Oct 16 (TNA) — Bilateral trade, investment and tourism between Thailand and its neighbour Cambodia are expected to decline this year following clashes between soldiers of both countries at disputed border areas, experts s... Read more.
Written on Friday, October 17th, 2008 | Posted in
Political News
FTI approves of government’s six economic measures
BANGKOK (TNA) - The Federation of Thai Industries (FTI) is satisfied with the government’s six new economic measures, approved on Monday and aimed at cushioning the possible impact from the current global financial crisis, FTI chairman S... Read more.
Written on Monday, October 13th, 2008 | Posted in
Business News
POLITICS
ICC seeks speedy end to tensions
PHUSADEE ARUNMAS
The government must avoid further use of force against protesters or investor confidence will be hit even harder, the International Chamber of Commerce in Thailand warned yesterday.
The chamber also urged the government to establish safeguar... Read more.
Written on Friday, October 10th, 2008 | Posted in
Business News
Confidence slips to 10-month low
PHUSADEE ARUNMAS
Consumer confidence fell to a 10-month low in September - reflecting ongoing domestic political turmoil and the world’s worsening financial crisis - and the index is now expected to continue its slide over the rest of the year.
From 77.7 in Aug... Read more.
Written on Friday, October 10th, 2008 | Posted in
Business News
EMPLOYMENT
Job market faces rut in 2009
CHATRUDEE THEPARAT
The unemployment rate is set to rise next year as Thailand’s exports feel the pinch of the world recession set in motion by the US financial crisis. The Thai Chamber of Commerce (TCC) expects the dollar value of Thailand’s export... Read more.
Written on Thursday, October 9th, 2008 | Posted in
Business News
Private sector sends 7-point plan to govt
By Petchanet Pratruangkrai
The Nation
Private-sector heavyweights have formulated measures for the Somchai Wongsawat government to use in shielding the economy from deflation and the global credit squeeze resulting from the US financial crisis.
The Joint Com... Read more.
Written on Thursday, October 9th, 2008 | Posted in
Top Stories
SET, baht, tourism may face setback: UTCC
Thailand’s stock market, baht currency and tourism sector will likely suffer from the economic crisis in the fourth quarter of 2008, according to University of Thai Chamber of Commerce (UTCC)’s Economic and Business Forecasting Centre director Thanaw... Read more.
Written on Wednesday, October 8th, 2008 | Posted in
Breaking News