ALTHOUGH the Thai economy is still buffeted by high cost of living while consumer confidence has not yet fully recovered, spending by Thais has not completely disappeared just shifted to a desire to “buy what’s necessary and offers better value,” PPTVHD36 said today (Aug.10). Mr. Athit Rujirawat, chief executive officer of Krungsri Consumer, said
Tag: consumer
Thai consumer confidence falls for the first time in four months in December, survey shows
By Reuters and published by CNA THAILAND’S consumer confidence index fell for the first time in four months in December, according to a university survey on Thursday (Jan. 8). Confidence fell due to the dissolution of parliament and the conflict between Thailand and Cambodia, which could slow the recovery of the economy, the University
Read moreThai consumer confidence at lowest in over two years in August
By Reuters and published by CNA THAI consumer confidence dropped for a seventh consecutive month in August to its lowest level in 32 months due to concerns about a slow economic recovery, political instability, and US tariffs, a survey showed today (Sep. 11). But sentiment could improve under Thailand’s new government, said Thanavath Phonvichai,
Read moreThai consumer confidence hits lowest level in over two years
By Reuters and published by CNA THAI consumer confidence dropped for a sixth consecutive month in July to its lowest level in 31 months due mainly to concerns over US tariffs, a lagging economy and government instability, a survey showed on Thursday (July 7). The consumer index of the University of the Thai Chamber
Read moreThai consumer confidence rises in November on stimulus measures
By Reuters and published by CNA THAI consumer confidence rose for a second consecutive month in November, bolstered by government economic measures and tourism, a survey showed today (Dec. 12). The consumer index of the University of the Thai Chamber of Commerce increased to 56.9 in November from 56.0 the previous month, the university
Read moreThai consumer confidence falls to 17-month low in September
By Reuters and published by US News & World Report THAI consumer confidence dropped for a seventh consecutive month in September to its lowest level in 17 months, due mainly to concerns about slow economic growth and floods in parts of the country, a survey showed today (Oct. 10). The consumer index of the
Read moreNew Year festival spending tops 54 billion baht
CONSUMER spending during the New Year festival reached 54.4 billion baht while foreign tourism income last year totalled 1.2 trillion baht, TV Channel 7 said today (Jan. 3). Mr. Chai Watcharong, a spokesman for the Prime Minister’s Office, said tourism promotion such as waiving visa requirements for tourists from China, Kazakhstan, India and Taiwan,
Read moreThai inflation slower than expected in July, small rises seen
By Reuters and published by CNA THAILAND’S annual headline inflation was weaker than expected in July, helped by lower food and energy prices, and the commerce ministry said today (Aug. 7) it projected smaller consumer price rises for the rest of the year. The headline consumer price index (CPI) increased 0.38 percent in July
Read moreThai consumer group to file petition against True, DTAC merger
By Reuters and published by CNA A THAI consumer group today (Oct. 21) said it plans to ask a court to suspend the 326 billion baht ($8.6 billion) merger of the country’s second- and third-largest mobile operators over competition concerns. The move by Thailand Consumers Council comes a day after the regulator cleared the
Read morePosh ice cream, craft beer in vogue as Chinese downsize their love of luxury
By Reuters and published by US News & World Report Shanghai – Chinese consumers are typically known for lavish spending on high-end handbags, clothes and accessories that sustain Western luxury brands. This year, however, economic ill winds have sapped much of their urge to splurge and it’s the littler luxuries in life – artisanal
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