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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...

Latest Stories

Income tax fears replace insurance worries in latest Pattaya expat poll

The new top concern of Pattaya expats, almost 60 percent, is the recent announcement of the Thai internal revenue service to tax all income...

Children and city hospital benefit from Loma Run on The Beach

Pattaya, Thailand - In the early hours of Sept 24, Jomtien Beach in Pattaya, came alive with the vibrant energy of over 2,000 participants...

Police crackdown on late-night street racing in east Pattaya

On the night of September 30, exasperated residents of Nong Pla Lai in east Pattaya reported to police that a large group of young...

Canadian frigate’s visit bolsters security bonds with Thailand

The Canadian frigate HMCS Ottawa commanded by Cdr. A. Lozer arrived on September 29 and will remain until October 6th at Chuk Samet Port...

Dead body of foreign national found floating off Sattahip bay

Pattaya, Thailand - A corpse, possibly of foreign nationality, was discovered floating in the Gulf of Thailand near Sattahip Bay on September 30. The...