Dee Mee News Today

Thailand's personal computer (PC) market should grow by 7.9% this year, based on demand from companies eager to transform their business, according to an analyst at IT research firm IDC Thailand.

Home decoration and improvement company Home Product Center Plc, the operator of HomePro, is upbeat about its revenue prospects this year, driven by the country's economic recovery, improving tourism and consumer purchasing power.

Thailand's strong tourism recovery had a positive impact on housing demand and property renovation at major tourist destinations in the first quarter of 2023, according to home and construction material distributors and residential developers.

Thailand's strong tourism recovery had a positive impact on housing demand and property renovation at major tourist destinations in the first quarter of this year, according to construction material distributors and residential housing developers.

The Thailand Industry Sentiment Index (TISI) increased to 96.2 points in February, the highest level since April 2019, as manufacturing and consumer spending increased while the tourism recovery continued.

The upcoming general election slated for May 7 is sparking speculation on a potential successor to Prime Minister Prayut Chan-o-cha as well as new economic policies that might be promoted by an incoming government.

RECAP: Asian shares and currencies slipped on Friday as strong economic data from the US and hawkish Federal Reserve comments revived fears that the US central bank will stick to its path of interest rate increases to tame inflation.

The Thailand Industry Sentiment Index (TISI) rose to 93.9 points in January, the highest level in 43 months, up from 92.6 points in December last year as entrepreneurs benefited from the state "Shop Dee Mee Khuen" tax rebate, the tourism recovery and China's reopening.

Consumer confidence rose to the highest level in 26 months in January, driven by the economic recovery, a surge in foreign tourist arrivals and the easing of the pandemic.

Global financial services firm J.P. Morgan has upgraded its rating for Thailand's stock markets to overweight from neutral because of returning Chinese tourists, with the SET Index forecast to hit 1,800 points this year.