Tag: Thanawat Polwichai
GLO to ban retailers selling lottery tickets higher than 80 baht
The Government Lottery Office (GLO) will no longer allow charitable organizations and retailers to make advance reservations for lottery tickets, if they are found...
Consumer confidence index falls to lowest in eight months
Consumer confidence index (CCI) for May 2016 plunged to its lowest level in a period of eight months, the University of the Thai Chamber...
Drought will be significant this year
BANGKOK - The University of the Thai Chamber of Commerce (UTCC) has forecast that the drought crisis will cause as much as 119 billion...
Vegetarian Fest expected to add 41 billion in money circulation
BANGKOK, 8 October 2015– The 2015 Vegetarian Festival in Thailand is expected to generate a money circulation of up to 41 billion baht, which...
Chamber of Commerce: Economy unaffected by Emergency Decree
BANGKOK, 23 January 2014 The Thai Chamber of Commerce has indicated that the invocation of Emergency Decree has not yet affected the economy and...
UTCC: US’ QE will not affect Thai economy
BANGKOK, 19 December 2013 The University of the Thai Chamber of Commerce (UTCC) does not believe the US’s relaxing of quantitative easing (QE) will...
Thai Chamber of Commerce expects a 1% decrease in GDP if...
BANGKOK, 22 November 2013 The University of the Thai Chamber of Commerce's Center for Economic and Business Forecasting Director, Thanawat Polwichai, revealed that...
Economist: Household debt nothing to lose sleep over
BANGKOK, 27 October 2013 Thailand’s household debt of 79% of the current GDP, equivalent to about nine trillion baht, is not a concern...
UTCC cuts GDP growth target down to 3.5%
BANGKOK, 18 Oct 2013 The University of the Thai Chamber of Commerce (UTCC) has cut down this year’s GDP growth target to 3.5 percent...
Academic says LPG price hike in line with market mechanism
BANGKOK, 3 September 2013 Director of the Center for Economic and Business Forecasting Thanawat Polwichai has voiced support for the government’s increase of utility...
Latest Stories
Everyone passes the buck on paying for emergency medical treatment in Thailand
The unfortunate British tourist Pamela Gatehouse is facing medical and repatriation costs of around 80,000 pounds (3 million baht) and much more if a...
Heavy rainfall hits Pattaya at night, flooding busy residential roads
PATTAYA, Thailand – Pattaya experienced heavy rainfall, leading to localized flooding in several areas at 9 PM on February 22. Residents in Soi Khao...
Theft on Hotel Way Out – Woman arrested for stealing ATM card from British...
PATTAYA, Thailand – Police officials arrested 54-year-old Nang Kham Pakham at a restaurant near the entrance of Jomtien Soi 4, who was found to...
Police raid ‘Gang 38’ hideout in Pattaya, seize weapons after brawl and explosion incident
PATTAYA, Thailand – A police operation has led to the arrest of a 16-year-old boy and five other youths, following a violent clash between...
Shocking video captures Thai man chasing foreign tourist with knife in Jomtien, Pattaya
PATTAYA, Thailand – A disturbing video has gone viral on social media showing a terrifying encounter in Jomtien, Pattaya, where a Thai man, armed...