Business
Political uncertainty weighs on Thailand’s consumer confidence
Thailand’s consumer confidence index (CCI) for the month of April sank to its lowest level in 16 months, dragged down by mostly by political uncertainty

Thailand’s consumer confidence index (CCI) for the month of April plunged to 79.2 points – the lowest in 16 months.
Mr. Thanawat Pholvichai, director of the economic and business forecast centre at the University of Thai Chambers of Commerce (UTCC), said that Thai consumers were worried about several ongoing issues.
Those issues include concerns over political uncertainty, slow domestic economic recovery and the global economic slowdown.
Political uncertainty and falling farm product prices
The price reductions of numerous farm products, domestic political uncertainty, plus concern over the Brexit issue, have all combined to have an effect on the consumer confidence, said Thanawat.
However, he pointed out that the most significant negative factor for the month of April was the Fiscal Policy Office’s downward adjustment of Thailand’s 2019 growth rate projection to 3.8% from 4% and the export growth forecast from 4.5% to 3.4%.
The UTCC’s economic and business forecast centre based its report on a survey of 2,242 consumers nationwide.
Banking
Can Fintech drive a strong post-COVID-19 recovery in Asia?
The pandemic has highlighted the power of digital technology. Now is the time to harness this power for inclusive growth so that communities, especially in poor and remote areas, can survive the crisis and thrive.
Business
Asia’s supply chains to be tested by COVID-19 vaccine delivery
The global logistics company DHL estimates that global vaccine coverage will take around 200,000 pallet shipments and 15 million deliveries in cooling boxes as well as 15,000 flights.

The enormous logistical challenge of vaccine distribution will be aided by trade and supply chain finance guarantees.
(more…)Business
Online intellectual property dispute platform to go live next year
The online dispute settlement platform for intellectual property cases will assist with cases related to copyright, patents, and trademark infringements using digital technology.
-
Forex5 days ago
Leverage from Forex Brokers & How Beginners Can Benefit from It
-
National2 days ago
Human trafficking cases in Thailand hit decade low due to COVID-19
-
Economics2 days ago
Thai economy to grow 4% in 2021 following 6.5% decline in 2020
-
Banking4 days ago
Can Fintech drive a strong post-COVID-19 recovery in Asia?