Category: Business

Diesel Consumption Decline Reflects Sluggish Thai Economy

Bangkok: Diesel consumption in Thailand has decreased in the first five months of 2025, mirroring the broader economic conditions in the country. The Department of Energy Business reported an overview of fuel consumption for the period from January to…

BOT Warns of Economic Slowdown Due to Tariffs Impact on Exports

Bangkok: The Bank of Thailand (BOT) has announced that tariffs are expected to slow down the economy until early next year, with exports projected to decline by 4% in the second half of this year and by 2% next year. The BOT refrained from confirming whether Thailand would face a

Politics-Trade War Pushes Consumer Confidence Index to 28-Month Low

Bangkok: The June consumer confidence index fell across all items for the fifth consecutive month and the lowest in 28 months due to concerns about government stability and the trade war. According to Thai News Agency, the Economic and Business Forecasting Center of the University of the Thai Chamber of

BOT Warns of Economic Slowdown Due to Tariffs Impact on Exports

Bangkok: The Bank of Thailand (BOT) has announced that tariffs are expected to slow down the economy until early next year, with exports projected to decline by 4% in the second half of this year and by 2% next year. The BOT refrained from confirming …

UTCC Estimates 36% Tax Rate Will Drag Down Thai Economy to Less Than 1% Growth

Bangkok: The University of the Thai Chamber of Commerce (UTCC) assesses that a 36% tax rate will drag down Thailand’s economy to less than 1%, and many Thais may be unemployed. It recommends that the government introduce additional economic stimulus measures and provide assistance to entrepreneurs. It views the US