Consumers feeling the pinch of rising cooking gas and electricity prices

Consumers will soon feel the pinch of the higher cost of living, as the higher prices for cooking gas and electricity come into effect today (Thursday). From today, the retail…

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Palm oil farmers and producers pledge to cap bottled palm oil prices

Oil palm farmers, oil extractors and producers have promised Thailand’s Internal Trade department that they will try to maintain the price of bottled palm oil between 64 and 66 baht/L….

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A customer looks at shelves of food as people gathered to shop amid concerns over the COVID-19 coronavirus at a supermarket in Bangkok on March 16, 2020. (Photo by Jack TAYLOR / AFP)

Many consumer products in Thailand about to increase in price

Consumers in Thailand will be feeling the pinch of rising prices of a wide range of products, from instant coffee, cooking oil and instant noodles to condensed milk, shampoo and…

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In this photo taken on January 16, 2022, people eat at roadside food stalls in the Chinatown area of Bangkok. (Photo by Lillian SUWANRUMPHA / AFP)

Thailand’s household debt forecast to jump to 95% of GDP this year

The average household debt in Thailand has increased 5.09% year on year, to 217,952.59 baht, the highest in 14 years, and this year the debt may reach 95% of the…

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Keeping economic activities open while whittling down the number of COVID-19 cases will be a major task before the authorities in 2022. (Photo by Dan Freeman)

Five key economic challenges of 2022

For the third year in a row, Thailand’s and the global economic recovery will hinge on progress in fighting the COVID outbreak. Consumers, businesses, and policymakers will face five key…

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