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GLO to ban retailers selling lottery tickets higher than 80 baht

The Government Lottery Office (GLO) will no longer allow charitable organizations and retailers to make advance reservations for lottery tickets, if they are found...

Consumer confidence index falls to lowest in eight months

Consumer confidence index (CCI) for May 2016 plunged to its lowest level in a period of eight months, the University of the Thai Chamber...

Drought will be significant this year

BANGKOK - The University of the Thai Chamber of Commerce (UTCC) has forecast that the drought crisis will cause as much as 119 billion...

Vegetarian Fest expected to add 41 billion in money circulation

BANGKOK, 8 October 2015– The 2015 Vegetarian Festival in Thailand is expected to generate a money circulation of up to 41 billion baht, which...

Chamber of Commerce: Economy unaffected by Emergency Decree

BANGKOK, 23 January 2014  The Thai Chamber of Commerce has indicated that the invocation of Emergency Decree has not yet affected the economy and...

UTCC: US’ QE will not affect Thai economy

BANGKOK, 19 December 2013 The University of the Thai Chamber of Commerce (UTCC) does not believe the US’s relaxing of quantitative easing (QE) will...

Thai Chamber of Commerce expects a 1% decrease in GDP if...

BANGKOK, 22 November 2013 The University of the Thai Chamber of Commerce's Center for Economic and Business Forecasting Director, Thanawat Polwichai, revealed that...

Economist: Household debt nothing to lose sleep over

BANGKOK, 27 October 2013 Thailand’s household debt of 79% of the current GDP, equivalent to about nine trillion baht, is not a concern...

UTCC cuts GDP growth target down to 3.5%

BANGKOK, 18 Oct 2013 The University of the Thai Chamber of Commerce (UTCC) has cut down this year’s GDP growth target to 3.5 percent...

Academic says LPG price hike in line with market mechanism

BANGKOK, 3 September 2013 Director of the Center for Economic and Business Forecasting Thanawat Polwichai has voiced support for the government’s increase of utility...

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