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: spending
As global military spending grows, Travel & Tourism faces a perilous future
THREE major travel industry events are due to be held simultaneously in Bangkok today (April 29): [=] The Skift Asia Forum [=] The Travel Daily Media Global Summit Bangkok – 2026 [=] The Thailand MICE X-Change 2026 The programmes and events of all three were finalised months ago. In many ways,
Read moreUK, European leaders join forces to draft Ukraine peace plan to take to US
By Reuters and published by Yahoo!News London – British Prime Minister Keir Starmer said on Sunday (March 2) European leaders had agreed to draw up a Ukraine peace plan to present to the United States, a vital step for Washington to be able to offer security guarantees that Kyiv says are essential to deter
Read moreSuthin taken to task over contentious defence budgeting
By Thai Newsroom Reporters PHEU THAI-ATTACHED DEFENCE Minister Suthin Khlangsang was today (June 20) taken to task over the questionable defence budgeting which allegedly focuses on personnel rather than high-tech weapon systems and equipment to meet today’s warfare challenges. During the second day of House floor debate on the 2025 budget bill, Move Forward
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 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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