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REVEALED: 2 - The Real Truth

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is asking Prime Minister Prayut Chan-o-cha to issue measures to ease entrepreneurs' financial burden after power bills were hiked next year.

Bangkok Post

Apec summit expected to generate B600bn

An industry council estimates the Apec Summit 2022 held in Bangkok last month will generate 500-600 billion baht in benefits for Thailand's economy over the next 3-5 years.

Bangkok Post

Popping off on populist pledges

With Thailand expected to hold a general election next year, political parties have kicked off their campaigns offering promises to appeal to voters.

Bangkok Post

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Industry group knocks Pheu Thai's 600B minimum wage

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is opposing the Pheu Thai Party's pledge to raise the daily minimum wage to 600 baht because it could affect the business sector's competitiveness.

Bangkok Post

Finance Ministry mulls land and building tax cuts

The Finance Ministry is considering a proposal to reintroduce a reduced land and building tax over the next two years, says Finance Minister Arkhom Termpittayapaisith.

Bangkok Post

Thailand urged to sign mini-FTAs at Apec events

Thailand can use the Asia-Pacific Economic Cooperation (Apec) Summit and its side meeting, the Apec CEO Summit, to forge more cooperation under "mini-free trade agreements" (mini-FTAs) as part of efforts to brace for a global economic slowdown next year, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).

Bangkok Post

Bumpy road to recovery

Even as Thailand continues on its path to economic recovery in the fourth quarter, buoyed by tourism and domestic consumption, businesses are still unnerved by pressing challenges, including high inflation, a weaker baht, surging energy prices and flooding, which could hamper the rebound.

Bangkok Post

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Committee forecasts at least 3% GDP uptick

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has inched up its 2022 GDP forecast, expecting the economy to grow by at least 3%, driven by the gradual recovery of the tourism industry.

Bangkok Post

Banks expected to delay rate hike

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) believes the banking sector will delay raising the interest rate in line with the Bank of Thailand's anticipated gradual policy rate hike.

Bangkok Post

Committee revises up GDP growth forecast

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has revised up its 2022 GDP growth forecast to at least 2.75%, up from 2.5%, but soaring inflation remains a wild card.

Bangkok Post

Panel expects export growth to ease

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) expects the country's export growth to slow for the remainder of the year as a result of several global uncertainties.

Bangkok Post

Business group seeks PDPA delay

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has asked the government to delay full enforcement of the Personal Data Protection Act (PDPA) until clear directions are issued and 20 organic laws completed.

Bangkok Post

Minimum wage hike in spotlight

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) believes Thailand can manage 2.5-4% GDP growth this year if an increase in the daily minimum wage is appropriate given the higher living costs.

Bangkok Post

Inflation heads industry agenda

Soaring inflation tops the agenda when the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) meets this Wednesday to discuss Thailand's economic outlook in the second half of the year.

Bangkok Post

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Bangkok Post

Panel seeks delay of PDPA enforcement

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is calling for the postponement of full enforcement of the Personal Data Protection Act (PDPA), scheduled to come into force on June 1, because businesses are unprepared to comply, particularly small and medium-sized enterprises (SMEs) that remain stymied by economic…

Bangkok Post

Key panel further cuts GDP forecast

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) continues to cut its GDP forecast, with maximum growth down to 4%, while inflation is likely to soar to 5.5% based on the unsettled Russia-Ukraine war and Covid-19 outbreaks in China.

Bangkok Post

Ukraine war hits growth forecast

Thai economic growth is expected to dip to 2.5%, down from an earlier target of 3-4.5%, with the upper bound of inflation at 3% as a result of the dispute between Russia and Ukraine, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).

Bangkok Post

JSCCIB trims growth forecast over impacts of Ukraine crisis

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) said on Wednesday it had reduced its economic growth forecast for this year to 2.5%-4.5% from the 3.0%-4.5% seen previously due to the conflict between Russia and Ukraine.

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Bangkok Post

Thai growth reviewed amid Ukraine war

Growing concerns over the escalating war between Russia and Ukraine is causing the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) to reassess Thailand's economic prospects in 2022.

Bangkok Post

Panel wary of Omicron, border spat

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) warns the economy could falter because of the spread of the Omicron variant and the Russia-Ukraine standoff.

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