New 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 […]
Read More