The Latest Breaking News from UTCC

Spending during World Cup set to rise

Consumer spending during World Cup 2022 is expected to increase from the previous tournament held four years ago, driven by greater economic activity amid concerns over a possible surge in gambling on the matches.

Bangkok Post · Nov 9, 2022

Spending to hit 5-year high during Loy Krathong festival

Consumer spending during the Loy Krathong festival is projected to be the highest in five years, helped by the country's reopening to foreign visitors and the government's stimulus measures.

Bangkok Post · Nov 4, 2022

Consumer confidence continues to improve

Consumer confidence picked up for a fourth straight month in September, hitting an eight-month high, helped by a reduction in the Covid-19 infection rate and improved business activity following the relaxation of pandemic-era restrictions.

Bangkok Post · Oct 12, 2022

Thai household debt surges, reaching a 16-year climax

Thai households are dealing with the highest level of debt in 16 years thanks to prolonged Covid-19 outbreaks and slow economic growth, according to the latest survey by the University of the Thai Chamber of Commerce (UTCC).

Bangkok Post · Aug 25, 2022

Consumer sentiment improving

Consumer confidence picked up for the second straight month in July, boosted by improved business activities following the continued easing of Covid-19 control measures.

Bangkok Post · Aug 11, 2022

Mother's Day to see 9% rise in spending

Spending on Mother's Day is expected to increase by 9% this year to 10.8 billion baht, the highest level since 2012, as consumers feel less concerned about the Omicron variant of Covid-19, reflecting the start of the country's tepid economic recovery, according to the University of the Thai Chamber of…

Bangkok Post · Aug 9, 2022

Cannabis valued at B43bn by 2025

Thailand's cannabis market is expected to grow by about 15% a year between 2023 and 2025, with the market value forecast to reach up to 43 billion baht in 2025, according to the latest study by the University of the Thai Chamber of Commerce (UTCC).

Bangkok Post · Jul 21, 2022

Consumer confidence on the rise

Consumer confidence picked up for the first time in six months in June, boosted by emerging signs of an economic recovery following the continued easing of Covid-19 control measures and improved business activities.

Bangkok Post · Jul 7, 2022

Medical services set to see strong growth

The fields of medical services, beauty and e-commerce are tipped to see the brightest prospects in the second half of the year, according to the latest survey by the University of the Thai Chamber of Commerce (UTCC).

Bangkok Post · Jun 23, 2022

UTCC lowers Thai growth projection

The University of the Thai Chamber of Commerce (UTCC) yesterday downgraded its economic growth forecast to 3.1%, from the 4.2% projection it made in November 2021, largely due to rising global energy prices.

Bangkok Post · Jun 16, 2022