The consumer confidence index dropped to 50.3 points in March from 64.8 points in February, said Thanavath Phonvichai, president of the University of the Thai Chamber of Commerce (UTCC). In addition, the economic confidence index in March stood at 41.6 points, down from 52.5 points in February, while the confidence index on job opportunities contracted from 61.4 points to 49.3 …

The percentage of Thais living in poverty has fallen dramatically over the past three decades, from over 65% in 1988 to under 10% in 2018. However, that trend has reversed in recent years with stalled household incomes and consumption bringing a rise in poverty, according to a new World Bank report. Between 2015 and 2018, the poverty rate in Thailand …

Buyers flocked to Chevrolet showrooms on Wednesday to snap up models sold at discount prices after General Motors decided to withdraw from Thailand by the end of the year. Outlets selling the iconic American brand were thronged by potential buyers on Wednesday after the sale began — with some models going for less than half price. The new Captiva 1.5 …