EIC or Economic Intelligence Center, a unit of Siam Commercial Bank Public Company Limited, is established to provide business executives with valuable insights for effective decision making.
Pet Humanization seen as a major trend in Thailand
In Thailand, data from Euromonitor indicates that in 2019, approximately 34% of Thai households have dogs and cats, and this will increase to 37% of the total number of Thai households in the country in 2022
Domestic demand and tourism key drivers for CLMV economic recovery
SCB EIC expects stronger CLMV economic growth in 2023, despite a global economic slowdown, yet remains below its pre-pandemic potential
Domestic demand and tourism will be key drivers for CLMV economic recovery in 2023.
Export growth better-than-expected in December 2020
Export growth better-than-expected in December 2020. However, amid the second wave of COVID-19 infections, exports could fall below previously forecasted levels in 2021.
EIC cuts Thai economic forecast for 2021 to 2.2% as the COVID-19 outbreak resurfaced
The recurring waves of the COVID-19 pandemic in various countries, including Thailand, will directly slow the pace of Thai economic recovery in 2021. As such, EIC revises the Thai GDP forecast down to 2.2%
COVID-19 increased global demand and export for medical gloves in Thailand and Malaysia
COVID-19 pandemic has generated high demand for medical gloves. Malaysia is globally the biggest producer of medical glove with production capacity of 125,000 million pieces per annum.
How the spectrum price affects 5G development in Thailand?
A reasonable spectrum price is, therefore, a key concern for NBTC as it needs to balance between government benefits from the spectrum license fee and affordable price for mobile operators.
