Consumer confidence index falls below 50 in September

Today 17:19 Key points summarised by AI

Thailand's consumer confidence index declined to 48.9 in September, driven by concerns over the cost of living, household debt, and political instability.
Despite some relief from government schemes and export growth, consumers remain cautious due to political uncertainty and global economic instability.
Future confidence is projected to rise, buoyed by government initiatives and export growth, but household debt and geopolitical conflicts continue to weigh heavily.
The survey did not account for recent floods, which are expected to negatively impact the economy, employment, and consumer confidence, depending on their severity.

Thailand to host 5th round of IPEF negotiations in September

Today 00:04 Key points summarised by AI

Thailand will host the 5th Indo-Pacific Economic Framework (IPEF) Negotiation Round from September 10-16, bringing together 14 founding signatories.
The Bangkok meeting will advance draft texts across IPEF's four pillars—trade, supply chain, clean economy, and fair economy—with a focus on legal review for the Supply Chain pillar.
Thailand plans to emphasize cooperation in capacity building, technical assistance, and the application of new technologies, particularly for the Clean Economy Pillar, including EVs and sustainable aviation fuel.
The nation also supports establishing a mechanism for IPEF's structure and financial support, while reaffirming its commitment to international anti-corruption and taxation standards.