Thailand’s aging population affects consumption and economic growth - KRC

13 Sept 07:29 Key points summarised by AI

Thailand's aging population and declining birth rate are significantly slowing domestic consumption, a major driver of the country's economic growth.
Factors like a sluggish economy, high cost of living, and substantial household debt further suppress consumption, with a large portion of the elderly living below the poverty line and working in low-income agriculture.
The Kasikorn Research Centre (KRC) urges the Thai government to adjust its economic model to increase incomes, improve quality of life, support SMEs, and incentivize hiring older workers to counteract the consumption contraction.

Application for ‘Nene Royal’ trademark withdrawn

Today 18:24 Key points summarised by AI

A third-party application for "NENE" and "NENE ROYAL" trademarks was officially withdrawn, resolving a high-profile dispute over the Thai pop artist's name.
Black Lotus Global LLC, managing Nene Royal's rights, has legitimate trademark applications for various categories under fast-track processing, with final approval anticipated by February 2027.
The Department of Intellectual Property (DIP) monitors international trademark filings to protect Thai creators and advises early registration to prevent unauthorized third-party claims, noting a "NENE" trademark already registered in South Korea.