BANGKOK, Oct 1 – The SME confidence index increased in August since the political and economic situation has improved, according to the Small and Medium-sized Enterprise Promotion Office.
Chitraporn Taechacharn, the office’s director general, said the index rose to 43.8 from 41.8 in July with all categories ranging from the wholesale, retail, and service sectors edging up to 43.7, 41.9, and 45.8 from 41.4, 41.7, 42.1, respectively.
The SME confidence indexes on the country’s...... (read more)
BANGKOK, Sept 22 - Sales of jewellery and ornamental products in Thailand declined by half while their exports rose only 10 per cent from last year's, a senior official said Saturday.
Pornchai Chuenchomlada, president of the Jewellery Traders' Association, said current political turbulence in Thailand had forced foreign tourists to shun the kingdom, causing sales of jewellery and ornamental products which normally stood between Bt30-40 billion annually, to drop by as much as 50 per...... (read more)
BANGKOK, Sept 19 - Thai Commerce Minister Krirkkrai Jirapaet on Tuesday expressed confidence that Thailand's exports of gems and jewellery would grow at least 10 per cent this year.
Speaking after presiding over the 40th Bangkok Gems and Jewellery Fair being held in Muang Thong Thani September 18-22, he said that the organisation of the fair helped boost the recognition and sales performance of Thailand's precious stones and jewellery in international markets.
Last year, the country's...... (read more)
PHUKET, Dec 25 - More than Bt 1billion (over US$27 million) in tourism revenue is expected to flow into this Andaman Sea resort town on the eve of the New Year celebrations, as substantial numbers of hotel rooms on the region's breathtaking beaches have been fully booked.
Patong Beach Hoteliers' Club president Krisada Tansakul said that this season's hotel accommodations on famous Patong Beach have been fully booked from December 24 through January 15 next year.
Most tourists are...... (read more)
BANGKOK, Dec 19 - Thai Deputy Prime Minister and Industry Minister Kosit Panpiemras on Monday conceded that the continuing foreign capital inflows from abroad, unabated at present, are unusual and that most flowed into Thailand purely for speculation on the bath.
He said the Bank of Thailand is quite aware, having gathered data, and that it has assessed the situation and the provenance of the unusual capital movements.
However, the central bank needed more time to respond appropriately with...... (read more)
PATTAYA, Dec 9 - Narongchai Akrasanee, chairman of the Export-Import Bank of Thailand, warned on Saturday that the government should encourage more savings in the country and invest only in important projects in order to avoid a repetition of the financial crisis which hit Thailand in 1997.
Speaking to a seminar organised by Thailand Development Research Institute (TDRI) in this seaside resort southeast of Bangkok, Mr Narongchai said that the 1997 financial crisis was caused by a lack of...... (read more)
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