Business

(12 November) Minister of Finance Kittirat Na Ranong expressed his confidence that the ongoing political crisis would only affect the economy in a short term, despite signs that the economic growth of Thailand is not as good as expected.

(9 November) The trade between Thailand and Myanmar expanded 22% in 2013, after Myanmar opens its arms to welcome trade and investment, said Ms. Nantawan Sukuntanak, Director-General of the Department of International Trade Promotion (DITP).

(8 November) Number of tourists from China to Thailand has dropped by 50-70% since the Chinese authorities enacted a crackdown on the extortive ?zero dollar tours?, according to the Tourism Authority of Thailand (TAT).

(8 November) Thai economy continues to take the toll from the ongoing political crisis, according to a number of experts, with data showing that consumers confidence has hit the bottom in the past year and half.

(7 November) There has been no sign of decrease in Japanese investment in Thailand in spite of the ongoing protests, said Mr. Susumu Uneno, President of Japan Chamber of Commerce (JCC).

(6 November) Minister of Finance Kittirat Na Ranong said the ongoing protests against the amnesty bill are hurting Thailand′s economic growth in Q4.

(3 November) Thailand-Cambodia border trades show no worries as the International Court of Justice set to announce its decision, regarding the border dispute between the two nations in two weeks.

(2 November) Four Banks plan to discuss loan for Government′s THB 350 billion Water Management project.

(1 November) Thai economy risks low purchasing force that could last until next year, as the country is facing political turbulence and the rise of cost of living.

(30 October) Thailand’s cheap sugar is facing threat from sugar smuggle as it holds the cheapest retail price in the South East Asian region.