Sign up | Log in



Home  >>   Daily News  >>   Thailand  >>Economy  >> Consumer confidence in Thailand falls further
NEW UPDATES Asean Affairs  7 July 2015  

Consumer confidence in Thailand falls further

CONSUMER confidence in Thailand looks likely to continue its six-month slide after hitting a one-year low in June, according to the University of the Thai Chamber of Commerce.

"Many negative factors crimped consumer confidence in the economic expansion, both internal and external.

It seems consumer sentiment will continue to deflate in the following months as there are no positive factors to blow it up," Thanavath Phonvichai, director of the university's Economic and Business Forecasting Centre, said on Friday.

Concerns are focused on the drought, global economic sluggishness after Greece defaulted and labour issues in the fishing industry.

With consumer confidence continuing to weaken, the economy has a high possibility of growing slower than the projection of 3-3.5 per cent, averaging 3.2 per cent, this year.

Consumer confidence has been in free fall for half a year due to the plunge in crop prices, contraction in exports and slowdown in economic growth as well as the bad news about the drought, Greece's woes and the mess in the fishing business.

The centre's preliminary estimate of the damage to the economy from the drought is 0.1 percentage point. Exports would shrink by 1-2 per cent this year.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                           July 7 , 2015 Subsribe Now !
• Trading activity in securities, derivatives markets up in June: SGX Subcribe: Asean Affairs Global Magazine
• China, EU drive rice export gains in first half
• Japan invests $37.7b in VN projects
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Myanmar lets nine firms invest in July
• Consumer confidence in Thailand falls further
Asean Analysis                   June 26, 2015
• Asean Analysis June 26, 2015
U.S. Companies Engage Myanmar on Reforms, Capacity and Infrastructure
Advertise Your Brand

Asean Stock Watch  July  6,   2015
• Asean Stock Watch-July  6, 2015
The Biweekly Update
• The Biweekly Update June 26, 2015

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand