Thailand's low inflation no obstacle to economic growth, central bank chief says

13 Sept 23:34 Key points summarised by AI

Thailand's central bank chief, Sethaput Suthiwartnarueput, affirmed that the country's low inflation is neither a sign of deflation nor an impediment to economic growth, addressing concerns from the finance minister.
He clarified that low inflation is primarily driven by supply-side factors and is expected to stabilize near the lower bound of the 1-3% target range, with the central bank committed to managing economic risks through its monetary policy.

Thai ice cream exports rise as global demand grows

Today 13:18 Key points summarised by AI

Thailand has emerged as Asia's leading ice cream exporter and the world's 12th-largest, with exports reaching US$136 million last year, securing 1.9% of the global market.
Key Asian importers of Thai ice cream include Malaysia, Singapore, the Philippines, Vietnam, and South Korea, highlighting strong regional demand.
The domestic market is projected to grow by 4% this year, while global trends emphasize product innovation, influencer marketing, and health-conscious options.
Local ice cream operators are encouraged to adapt marketing strategies, innovate products, create distinctive brands, and leverage social media to sustain growth in evolving markets.