8 best SEO agencies in Thailand with the best result and ROI

Posted on December 7, 2022 by SoClaimon

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/pr-news/more/pr-news/40022846

8 best SEO agencies in Thailand with the best result and ROI

WEDNESDAY, DECEMBER 07, 2022

These days, SEO is one of the most popular online marketing practices that many marketers are interested in. SEO especially helps increase higher ranking rates organically and that is the most effective way that drives traffic into websites.

There is a saying that SEO is not too hard to understand from a scratch of knowledge, but there is a lot more to practice and to develop during each and every milestone of SEO in the making. Therefore, business owners and many marketers should be looking for the Best SEO Agency Bangkok to help the website and business grow to the fullest.

What is SEO?

SEO is short for Search Engine Optimization. It means any practice and process that you do to improve your website to be compatible for search engines such as Google, Bing, etc. and most importantly, for users’ experience. One more thing not to be missed, SEO is a non-paid practice!

The practice includes the big picture of what is called SEO Soup – which are great contents, technical stuff and quality link building (internal and external). However, there is a lot more to learn and apply for.

What is the goal of SEO?

The goal of SEO is to make your website visible and easily accessible to users from the search result page. To be honest, everyone that is evolved with SEO, a hundred percent, would want to have their website rank in the first position. According to the report from SmartInsight dated August 29, 2022, any contents with the first place ranking probably earn, on average, 39.6% of traffic while the second and third come up with only 18.4% and 10.1%. That means the rest have to share less than 32% of traffic! The number can be different across industries, but what a surprising fact!

Advantages of SEO for Business

When your website is shown on a higher rank of the search result page, especially on the first page, it will gradually open many doors of opportunity to your website and business.

● Save Cost

SEO not only helps your website invisible to users, but it also helps growing business while shrinking costs. When it comes to SEO, it is all about organic practices and organic results. It helps your website rank on top of the page without bidding for position. Money is saved!

● Form Brand Awareness

SEO opens your business door to your customers directly without forcing them. SEO aims to spread knowledge and information as much as possible across your customers’ curiosities, pain points and queries.

● Create a Competitive Advantage for You Business

SEO benefits your website and business more and more, compared to others in the market. When your SEO is on fire, in other words – your website is showing on top of the page non-paid, it gives more credibility to your brand. Most users tend to trust the first one that ranks more than any other.

● Open More Windows of Opportunity

SEO creates more opportunities and leads more sales to your business. According to the benefits above, SEO helps create brand awareness that leads to trustworthiness and eventually, what else if not sales!

● Reach More Customers

SEO helps spread your brand through any areas of your customers as mentioned above. Together with carefully crafted contents, SEO easily catches the attention of prospective and existing customers and converts them into real customers, and soon or later.

The 5 Problems In-House SEO Faces

As stated, SEO is not hard to learn but in the making it can be problematic if not in the right hands of experts like the best SEO agencies (listed below) who spend days and nights resolving various issues. Because to build credibility to your brand, maximize your website’s potential and cope with the change of algorithm updates takes a lot of effort and requires a lot of experience, if not, there are the problems you may face as in-house.

1. A Problem with Website’s Structure

Note that a website’s structure is one of the most crucial parts because it is a core you use to organize your website. It involves the url structure, paths, categories and many more that you want them to be on your website, first to serve the business purpose, then the search engine preference and last but not least, customers’ journey. Messing up with your website’s structure with the lack of experience can affect ranking badly.

2. No Specialists to Handle the Works

A lot of in-houses may have their works flooded over their desks and SEO is a work that needs time and details. It may be a burden to your team to create meaningful and in-detailed contents with beautiful images and helpful videos altogether. The result is predictable, low quality contents that decrease the reliability of your website and brand.

3. Waste of (Team’s) Energy, Time and Money

It is true that SEO is an organic practice that results in an organic performance (non-paid result) but in the process, it requires many specialists to do their own jobs – basically, writer specialists, seo specialists, technical specialists, website developers, graphic designers for example. Not to mention SEO tools where some are free but some are not, under various conditions.

4. Take a Lot of Time

It is no mistake when most SEO experts say, SEO is about time. More than the effort to spend, there is quite a big gap of time when you need to wait until you see the result. Because competing in the SEO field, you need to compete with at least 90 websites or maybe webpages to appear on the first page with no guarantee! But with experts from the Best SEO Agencies, it might take less!

5. It Is a Basic Requirement to Catch Up with Changes, All the Time!

SEO is in an area of digital marketing practice which, of course, can be changed overnight! In-houses may not have time to learn and catch up with tons of changes and that will definitely affect your performance badly. You will never know when you violate the rules if you can’t keep up with SEO news.

Benefits of Hiring an SEO Agency

From every issue in-houses face in every area of business, hiring the best SEO agency seems to be a very interesting choice. SEO agencies not only have enough manpower and useful tools, but they also tend to solve every problem in no time according to their experiences and practices.

Here are the reasons you need to go through whether or not to hire an SEO agency.

• Get the Job Done by Experts

The best SEO agencies mostly have their teams for a complete-loop job awaiting for your business. Having experts do their work together with you in-houses who know well about your business would make it a plus!

• Cut the Losses!

Hiring an SEO agency helps you cut unnecessary expenses such as hiring too many copywriters or even wasting your money on a bunch of tools, so that you can focus on other parts effectively.

• Increase Business Growth

A team of experts can easily help you and your business achieve your goals faster since their job is to beat the time. Therefore, all your concerns and needs can be accomplished earlier so your business’ growth can be a lot better.

• Performance Guaranteed

Working with an SEO Agency, all the performances are guaranteed and can be tracked, so you will never miss the reports of growth. Moreover, you can get free consultation from experts to make your business go the right way.

• Help is at Your Reach

Just at your reach, the specialists of all teams are willing to help you and your business. SEO agencies will monitor every change made by search engines and transform your website into the same direction, so that your business can get more chances of sales and growth.

8 Best SEO Agencies That Can Drive Your Business into the 1st Place on Google

To accomplish business goals and climb to the top of the market, SEO is the outstanding key to success. Here, we gather all of the best SEO agencies in Bangkok, Thailand who help spread the wings of business opportunities for many companies. What’s more? Let’s take a look.

8 best SEO agencies in Thailand with the best result and ROI

1. Minimice Group

Minimice Group is 1 out of 8 agencies we recommend as the Best SEO Agency. There, they gather the best of experts in the SEO field in order to help each and every client’s business grow sustainably. You will get an insight consultant from the very first step onward. To make your business grow seamlessly, Minimice Group offers a full service – building websites from scratch to producing high quality contents for your Ads and SEO. Guaranteed and trusted by leading companies.

As one of the best SEO agencies, Minimice Group strives to help their customers cope with digital transformation challenges better by working closely with them and prioritizes the core value of an outstanding campaign comes from building your brand and increasing leads and revenue to achieve goals.

For more information and details, please contact via
Address : 63 Pridi Banomyong 14 Alley, Phra Khanong Nuea, Watthana, Bangkok 10110
Call : 02-258-5515, 065-426-6499
LINE : @Minimicegroup
Facebook : Minimice Group

2. Elevate

Elevate is one of the leading agencies with expertise in areas of SEO, marketing, and online marketing such as branding and revamping e-commerce business plans aligned with the current market trends. Elevate can help you and your business with brand awareness via potential tools and SEO, to help your business reach its audience better.

For more information and details, please contact via
Address : 17 On Nut Soi 37, On Nut Road, Suan Luang, Bangkok 10250
Call : 02-002-6177
LINE : –
Facebook : Elevate Co., Ltd.

3. CMYKSEO Agency

CMYKSEO Agency is an SEO agency that gives you and your business a transparent consultant from Keyword Research, to help your brand attribute quality contents to the market and reach your potential customers, until the end of the process to help your business achieve its goal.

For more information and details, please contact via
Address : O.P. Garden Mall, Soi Charoen Krung 36, Charoen Krung Road, Bangrak, Bangkok 10500 (BY APPOINTMENT ONLY)
Call : 08-7802-6408, 09-8268-4865
LINE : –
Facebook : –

4. Ariomarketing

Ariomarketing is one of the best seo agencies in Bangkok, Thailand with more than 10 years of experience. With a team of experts, you can relax and still have your business run on the right track towards achievement.

For more information and details, please contact via
Address : Likid Building, Room 6/2, Floor 6th, Lat Phrao Soi 23, Chan Kasem, Chatuchak, Bangkok 10900
Call : 02-026-3302
LINE : @ArioMarketing
Facebook : ArioMarketing

5. Convertdigital

Convert Digital is a leading agency that specializes in keyword analysis and technical SEO to optimize your website to the fullest potential.

For more information and details, please contact via
Address : 20/247 Grand Canal Prachachun Rd. Pakkred district, Nonthaburi, Thailand, 11120
Call : 08-6888-6689
LINE : –
Facebook : Convert Digital

6. CSME Thailand

CSME Thailand is a potential SEO agency that comes with various services concerning SEO, backlinks, Social Media Ads etc. At CSME, you’ll get an absolute consultant to help your business reach its potential customers and lead more sales.

For more information and details, please contact via
Address : 567 Soi Pratcha Songkhro 2, Asoke – Dindaeng Rd, Din Dang, Bangkok 10400
Call : 02-107-2505
LINE : –
Facebook : CSME Marketing

7. Yesweb

Yesweb is another leading SEO Agency to be looking forward to. More than SEO services, they also offer many other services that answer every need such as basic online marketing – branding and design, to advance the level of SEO to help your business beat other competitors.

For more information and details, please contact via
Address : 17th Floor, Wittayakit Building, Phayathai Rd, Wang Mai, Pathum Wan, Bangkok 10330
Call : 096-879-5445
LINE : –
Facebook : Yes Web Design Studio I Web Design Company Bangkok

8. SEO Bangkok
Here comes to the last but not least, SEO Bangkok. The leading agency comes with a full team of experts who will help you in every step of the making and help your business be on top of the market.

For more information and details, please contact via
Address : The Prime, Khlong Toei Nuea, Watthana, Bangkok 10110, Thailand
Call : 080-211-8767
LINE : –
Facebook : SEO Bangkok

Here is the list of the Best SEO Agencies we recommend. If there is a website for your business and you want to grow it to attract more potential customers, don’t forget to connect your brand with these specialists. The goal is not too far, and the way to it can be a lot more efficient with the Best SEO Agency.

JBP joined forces with alliances, heading toward sustainable business development under “One World One Future Together”

Posted on December 7, 2022 by SoClaimon

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/corporate/40022836

JBP joined forces with alliances, heading toward sustainable business development under “One World One Future Together”

WEDNESDAY, DECEMBER 07, 2022

Climate Change is causing severe environmental impacts and turbulence across the globe. Organizations and the general public are now focusing their attention on environmentally-friendly and sustainable business practices.

Mr. Sarawut Rachanakul, Chief Executive Officer of JBP International Paint and President of the Thai Paint Manufacturers Association, is one of the industry leaders to spearhead the company’s strong commitment in promoting sustainable business practices through words and actions rather than as a trend of doing business.

Realizing the impacts on health and the environment from the beginning of COVID-19 pandemic and PM 2.5 air pollution in Thailand two years ago, JBP International Paint is committed to solving the problems by introducing new high-quality, environmentally and health-friendly paint products and plastic paint containers for consumers with support from Srithai Superware, Thailand’s leading manufacturer to ensure corporate social responsibility of the product and for the Thai people.

On November 11, JBP International Paint Company Limited, Thailand’s leading manufacturer and distributor of the paint industry represented by Mr. Chongkol Rachanakul, Chairman of Executive Committee, signed a memorandum of understanding (MOU) with key business alliances : Srithai Superware Public Company Limited, CRC Thai Watsadu Company Limited, and UAC Global Public Company Limited to collaborate on the “One World: One Future Together” project with aims to remediate global turbulence, reduce energy usage and greenhouse gases emission and announce readiness to ensure environmentally friendly business practices and foster Thailand’s economy toward sustainable growth.

Mr. Chongkol Rachanakul, Chairman of Executive Committee of JBP International Paint, said, “Sustainable development and sufficient economy philosophy are the core principles that our company upholds and promotes to everyone in the organization. We are concerned about the current environment issues so we want to promote the concept of the green supply chain that not only reduces environmental problems but also enhances our sustainable business practices to another level.”

Mr. Sarawut Rachanakul, Chief Executive Officer of JBP International Paint, said, “We are aiming to reduce greenhouse gas emissions significantly over the next decade. We are setting goals toward the realization of carbon neutrality by switching or transitioning to lower carbon alternatives and developing innovative environmentally friendly technology. In addition, this will continue to play a big part in shaping product development in our industry which is good for consumers and the environment that will be the way to more sustainable production models in the future.”

Mr. Chaiwat Kulphattaravanich, Executive Director of Srithai Superware, said, “Our company’s core business principles are Environment Social and Governance (ESG). We are committed to delivering environmentally friendly products and services that help to reduce greenhouse gases emission for the better quality of life of the people and the planet.”

Mr. Suthisarn Chirathivat, Chief Executive Officer of CRC Thai Watsadu, said, “At CRC Thai Watsadu, we are ready to help deliver positive values to the society and environment by reducing energy consumption. This will set an example for the retail industry transformation to become a green retailer for sustainable business practices.”

Mr. Kitti Jivacate, Chairman of Executive Committee of UAC Global, said, “We realized the impacts of environmental and energy crises. Therefore, we are committed to building a stable and sustainable business while maintaining our responsibility for the society and environment. We are ready to join hands with all sectors in maximizing benefits to the society and environment.”

The signing of this MoU signified future collaboration among 4 companies whereby each business organization will bring their own sustainable business practices to exchange with each other in order to develop, expand, and introduce new innovations for products and services to promote sustainable growth.The partnership will also include the development of sustainable products which can be truly identified as a “Green Supply Chain” in the future.

The MOU signing ceremony was also witnessed by honorable guests: Mr. Sanan Angubolkul, President of the Thai Chamber of Commerce who gave opening remarks together with Mr. Yuttana Jiamtragan, Chairman of the Circular Economy and Environmental Committee Thai Chamber of Commerce who also gave congratulatory speech and endorsement for “One World : One Future Together” project which aims to foster sustatinable development at international level as well as to achieve objectives of social, economic and environment development for a better planet. Other notable guests presided over at the event include Mr. Korn Narongdej, Ms. Sikanya Saktidej Bhanubandh, and Mr. Akarat Wannarat.

DTAC launches online solutions platform to assist SMEs with digitalisation

Posted on December 7, 2022 by SoClaimon

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/corporate/40022819

DTAC launches online solutions platform to assist SMEs with digitalisation

TUESDAY, DECEMBER 06, 2022

Nongluck Ajanapanya

Thailand’s internet service provider, Total Access Communication (DTAC), in partnership with Telenor and Google Cloud, has created B-LAB, its first online solutions platform, aimed at helping small and medium-sized enterprises (SMEs) to successfully navigate the digital transformation process.

Siripong Nokthanok, strategic vice president of SMEs sales division, told a group of journalists on Tuesday that B-LAB is a one-stop solutions platform for assisting SMEs in connecting, learning, and expanding their businesses.

“It is the end result of our research into our SME clients’ problems. By giving them access to a knowledge hub, customised software as a service, and mobile connectivity solutions, B-LAB is intended to empower them to fully digitalise their businesses and achieve profitable growth,” he noted.

Siripong Nokthanok

According to Lars Kristian Straatviet, vice president of B2B digital sales, one of the biggest barriers to businesses going digital is a lack of relevant competencies and skills.

DTAC has built a rich community ecosystem on B-LAB in collaboration with Telenor and Google Cloud. The platform is simple to use and meets individual needs with a 24/7 Thai support team, he said.

Lars Kristian Straatviet

“That means they [SMEs] can consult our service team at any time, from anywhere. We do not, however, want to be an open marketplace like Amazon Web Service. We simply want to focus on SMEs in order to provide them with unique added value,” Lars said.

He added that B-LAB’s priority now is to be a one-stop SMEs and e-commerce platform with the best software solutions, and to be learning partners with their SMEs in order to help them sustain their growth.

B-LAB can be used by sole proprietorships, such as online retailers, freelancers, content creators, lawyers, accountants, or consultants, as well as businesses that work in teams, Lars said.

The package price starts at 92.50 baht per month per user and there is also a 50% discount available for new business owners, he said. For those who are hesitant to subscribe, DTAC is offering a free 30-day trial.

Siripong believes that with over 3 million SMEs in Thailand, B-LAB can meet demand and see significant growth. He added that because B-LAB is the first of its kind in the region, Thailand will serve as a great model for the rest of the region and the world.

Nongluck Ajanapanya

Sizzler alters strategy to cater to customers’ hunger for premium experience

Posted on December 7, 2022 by SoClaimon

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/corporate/40022818

Sizzler alters strategy to cater to customers’ hunger for premium experience

TUESDAY, DECEMBER 06, 2022

Nongluck Ajanapanya

Sizzler, a western-style steak, seafood, and salad restaurant franchise, has adjusted its marketing strategy by creating an impressive dine-in experience with a premium menu to give consumers a special feeling.

Kreetakorn Siriatha, chief of financial and strategy officer, The Minor Food Group Pcl, Sizzler’s parent company, told a press conference on Tuesday that specialty is a food trend for 2023.

There is a demand for premium foods that make consumers feel special, he explained. For example, some people now prefer to drink specialty coffee rather than plain coffee.

The new strategic plan is being implemented as the dine-in restaurant industry continues to recover from the post-Covid era, where competition is fierce. Many players are working hard to win over consumers’ hearts in order to win over their loyalty, while newcomers are entering the market with new and amazing concepts.

“As a result, the industry has become extremely diverse. Though it is beneficial for customers to have more options, we must transform ourselves as quickly as their demand changes in order to stay on top of our customers’ minds,” Kreetakorn elaborated.

He pointed out that Covid has altered consumer behaviour. Aside from being concerned about healthy food and its safety, they want something premium and unique that will add value to their experience.

That is why, in addition to introducing new recipes with imported ingredients for a limited time in each season, Sizzler plans to open a dozen new branches in Bangkok’s suburbs and large provinces while renovating stores with more space and green colour tone under the Healthy Food Happy Mood concept.

Kreetakorn Siriatha (Center)

The concept focuses on medium-sized stores including innovation and creativity in store layout, new recipes, and a premium salad bar to attract more customers with high purchasing power in each location, he said.

Meanwhile, the loyalty programme e-member system at Sizzler has been upgraded, further enhancing member benefits. With these unique offers, which go beyond discounts, the company hopes to more than double its current membership base of 200,000.

Kreetakorn stated that competition in the restaurant industry is no longer primarily about discounts and promotions. It is how to always adjust its business to meet customers on time or ahead of schedule.

In response to the growing market, he said that Sizzler will have 61 stores nationwide by the end of 2022. The majority of Sizzler’s business is still dine-in, but the company’s delivery and takeaway services have grown significantly.

Consumer behaviour and the stimulation of consumer purchasing power through the introduction of various promotions are the growth factors.

The “Sizzler to Go” model, which focuses on serving food and drink recipes that suit consumers’ fast-paced lifestyle and require convenience in settings like train stations and hospitals, supports the growth. There are currently four branches, which may also help to increase the percentage of Sizzler’s overall sales.

Nongluck Ajanapanya

Companies in four sectors to gain from revival of Thailand-Saudi Arabia ties

Posted on December 7, 2022 by SoClaimon

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/thailand/economy/40022844

Companies in four sectors to gain from revival of Thailand-Saudi Arabia ties

WEDNESDAY, DECEMBER 07, 2022

The restoration of bilateral relations between Thailand and Saudi Arabia would benefit four business sectors, according to analysts at news agency Bangkokbiz.

Saudi Arabia restored its relationship with Thailand this year after 32 years of coldness, and this offers an opportunity for several businesses.

Saudi Arabia’s economy weathered even the Covid-19 crisis, recording GDP growth of 6.8% in 2021, its best performance since 2012, due to the global energy demand.

Bangkokbiz analysts evaluated the potential of the relationship and zoomed in on four business sectors in Thailand that could benefit the most.

Food export and food processing

The Saudi Food and Drug Authority has permitted import of chicken from 11 Thai factories including CP, GFPT, and Thai Foods Group (TFG).

Saudi Arabia was the fifth biggest chicken-importing country at 590,000 tonnes per year — 70% from Brazil and 30% from Ukraine and Russia.

In 2021, Thailand exported 912,900 tonnes of chicken worldwide while the export value of chilled, frozen, and processed chicken was 102.529 billion baht, the Bangkokbiz analysts said.

Tourism

Saudi national airline Saudia is now flying three times a week to Thailand from Riyadh and Jeddah, which is beneficial for the SET-listed Airports of Thailand.

According to statistics, Saudi tourists had generated a lot of revenue for Thailand:

2017 – 33,517 tourists; 3.51 billion baht
2018 – 28,334 tourists; 2.615 billion baht
2019 – 30,002 tourists; 2.716 billion baht
2020 – 4,125 tourists
2021 – 467 tourists

Medical

Medical tourism is also popular with Saudi tourists. There is enormous potential for Thailand as the Saudi government aims to improve healthcare for its people.

Meanwhile, the Cabinet has approved an extended 30-day visa on arrival for Saudi visitors, which will be beneficial to Bumrungrad Hospital (BH) and Bangkok Dusit Medical Services (BDMS), the analysts said.

Eastern Economic Corridor (EEC)

The EEC recently revealed that the Saudi government and private sectors are preparing to invest 300 billion baht in Thailand in fiscal year 2023 in several industries including tourism, medical care, and petrochemicals.

Capital Nomura Securities viewed the number as significantly higher than the foreign investment in the first nine months of 2022 with only 2.86 billion baht.

Investment in 2019 — before the Covid-19 pandemic — was 4.64 billion baht and 4.58 billion baht in 2020.

The company expected average foreign direct investment per year to double, which will be beneficial to AMATA Corporation and WHA Corporation.

Related stories

Thai cement producers urged to eye Philippines as tax on imports ends

Posted on December 7, 2022 by SoClaimon

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/thailand/economy/40022839

Thai cement producers urged to eye Philippines as tax on imports ends

WEDNESDAY, DECEMBER 07, 2022

Thai cement producers can turn to the Philippines as a potential market now that the Philippine government has decided not to extend a tax on imports of cement to protect domestic producers, a senior Thai trade official said on Wednesday.

Ronnarong Phoolpipat, director-general of the Foreign Trade Department, said the Philippine Department of Trade and Industry (DTI), announced its decision to end the tax on November 10 following a probe into the issue.

The DTI decided not to continue the import tax on cement after it expired on October 21.

The Philippines imposed the levy on imported cement on October 22, 2019 for three years. In the first year, the tax was 250 pesos (US$4.5) per tonne. The duty fell to 245 pesos and 200 pesos per tonne in the second and third years, respectively.

On February 24 this year, the Philippine Tariff Commission began an inquiry to decide whether to continue duty on. By World Trade Organisation’s rules, it could continue the safeguard measure for seven more years.

However, Ronnarong said his department appealed against the measure, arguing that a safeguard should only be used to protect a damaged industry. The department also noted that cement production had risen in the Philippines.

Ronnarong said the appeal prompted the Philippines to decide not to continue imposing the tax.

During the first nine months of this year, Thailand produced about 20.56 million tonnes of cement. Most, 18.39 million tonnes, was for the domestic market. The rest, 1.67 million tonnes, was exported.

Myanmar, Laos and Cambodia are the major export markets for Thai cement, Ronnarong said, adding that Thai producers rarely exported to the Philippines because of the tax.

He said the Philippines imported about 4 million tonnes of cement a year, with about 90 per cent of that from Vietnam.

The Foreign Trade Department expects the Philippines to import more cement next year as its property market and overall economy continue growing.

Now that the tax on imported cement is gone, the Philippines is a high-potential market for Thai cement exporters, Ronnarong said.

Thailand’s headline inflation edges downward for third successive month

Posted on December 7, 2022 by SoClaimon

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/thailand/economy/40022837

Thailand’s headline inflation edges downward for third successive month

WEDNESDAY, DECEMBER 07, 2022

Thailand’s headline inflation in November eased for the third consecutive month, but the consumer price index (CPI) was up year on year, data showed on Wednesday.

The director of Trade Policy and Strategy Office (TPSO), Poonpong Naiyanapakorn, said Thailand’s consumer price index (CPI) in November stood at 107.92 points compared to 102.25 points in the same month last year, pushing headline inflation up to 5.55%.

But the rate of increase in headline inflation in November continued to drop for the third month. Headline inflation was 6.41% in September and 5.98% in October, the TPSO chief added.

He said the lower inflation was due to lower food prices, especially fresh vegetables and fruits, meat and food seasoning because their production had increased month on month.

Poonpong said Thailand’s headline inflation was better than several countries, including the United States, the United Kingdom, Italy, Mexico, India, Laos, the Philippines and Singapore.

According to Poonpong, the price index of foods and non-alcoholic drinks rose by 8.40% in November, compared to a 9.58% increase in October because the prices of fresh vegetables dropped significantly.

Poonpong said the prices of other goods rose by 3.59% because of the rising prices of oil, electricity and cooking gas as well as cost of public transportation, while the prices of cleaning products such as detergents and softeners saw a slight increase.

He said core inflation, after deduction of price indices of fresh foods and energy, rose to 3.22%, compared to 3.17% in October.

He said the CPI this month dropped by 0.13 compared to October due to the drop in food prices.

Poonpong noted that the average CPI from January to November rose 6.10% year on year in line with the forecast of the Commerce Ministry.

He said the ministry expected headline inflation in December to be at a similar rate as this month and headline inflation for the year would be between 5.5% and 6.5%.

No diesel price cut despite falling oil: Energy minister

Posted on December 7, 2022 by SoClaimon

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/thailand/economy/40022834

No diesel price cut despite falling oil: Energy minister

WEDNESDAY, DECEMBER 07, 2022

Energy Minister Supattanapong Punmeechaow said on Wednesday it is too early to lower the diesel price in Thailand despite the falling price of oil in the global market.

Supattanapong said the diesel price will be maintained at 35 baht per litre even though the Oil Fuel Fund should save around 3 baht per litre as the global oil price drops.

He added that diesel excise tax cut of 5 baht per litre would remain in place as compensation.

“We believe that Thailand’s retail price of diesel at 34.94 baht per litre is not very high compared to neighbouring countries,” he said.

He added that the ministry is collecting data to consider “New Year gifts” for the public.

As of Sunday (December 4), the Oil Fuel Fund was 129.42 billion baht in debt – 87.23 billion baht from subsidising fuel and 44.18 billion baht from subsidising liquefied petroleum gas (LPG).

Supattanapong said the ministry and Oil Fuel Fund are monitoring the global crude oil price closely after Opec+ maintained its production capacity at 2 million barrels per day, while the price of LNG remains high at around US$30 per barrel due to rising global demand in winter.

Moving to electricity bills, he said the ministry would consider the fuel tariff (FT) for January to April next year after talks between the Energy Regulatory Commission (ERC), Electricity Generating Authority of Thailand (EGAT) and PTT.

He said he expects the ERC to clarify the January-April FT soon to ensure it comes into effect on January 1.

The ministry and related agencies are making efforts to lower electricity production costs and find cheaper alternatives to LNG, he added.

“We expect the ERC to announce the FT soon, so the ministry can gather data to launch measures to relieve expense burdens among the public, while industry can seek ways to mitigate FT impacts as much as possible.”

Related stories:

SCB first to raise interest rates after Bank of Thailand rate hike

Posted on December 7, 2022 by SoClaimon

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/thailand/economy/40022824

SCB first to raise interest rates after Bank of Thailand rate hike

WEDNESDAY, DECEMBER 07, 2022

Siam Commercial Bank (SCB) on Wednesday raised its interest rates for both deposits and loans, the first bank to do so following the Bank of Thailand (BOT)’s latest policy rate hike.

BOT’s Monetary Policy Committee (MPC) on November 30 raised the policy rate 0.25 points to 1.25% amid an inflation outlook that is declining but still higher than the BOT’s target.

SCB announced it was raising its deposit interest rate to 0.25-1.4% per year and loan interest rate to 0.125%-0.25%, effective today (December 7).

Meanwhile, SCB’s minimum retail rate (MRR) will be raised from 5.995% to 6.12% per year, and the minimum loan rate (MLR) will go up from 5.5% to 5.75%. Finally, the minimum overdraft rate (MOR) will go up from 6.095% to 6.345% annually.

“SCB has always realised that the recovery of Thailand’s economy will happen gradually and not in all sectors at once. Therefore, we will continue to offer special measures to minimise the burden from the loan interest rate on our customers as much as we can,” said the bank’s CEO Kris Chantanotoke.

SCB revises up Thailand’s economic growth forecast to 3.2% in 2022

SCB 10X launches Web3 collaboration hub in Bangkok to nurture startups

Thai rubber industry has 2 years to meet international standards

Posted on December 7, 2022 by SoClaimon

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/thailand/economy/40022811

Thai rubber industry has 2 years to meet international standards

TUESDAY, DECEMBER 06, 2022

Rubber produced in Thailand may be rejected by foreign buyers if plantations do not meet international management standards in the next two years.

Nakorn Takwiraphat, governor of the Rubber Authority of Thailand (RAOT), said on Tuesday that French tyre manufacturer Michelin raised this issue recently with Agriculture Minister Chalermchai Sreeon.

“There is a risk that many international companies like Michelin and Swedish-Dutch furniture conglomerate Ikea, will not buy our rubber if the plantations do not meet international standards in two years,” Nakorn said.

He added that Michelin’s warning came after the United Nations and the international rubber industry decided that all plantations should follow sustainable principles and be transparent in their management.

Exporters failing to meet these standards will face the risk of their products being rejected, he added.

“Hence, RAOT will urge rubber farmers to make changes so they can command high prices in the international market,” he said.

International standards in the rubber industry include certification from the Forest Stewardship Council (FSC) and the Programme for the Endorsement of Forest Certification (PEFC), he added.

“Rubber farmers who meet these standards will be able to sell their products at prices up to 40% more than normal,” he said.

Some 100,000 rai (16,000 hectares) of about 20 million rai of rubber plantations in Thailand have already met FSC standards.

He added that RAOT has summoned rubber farmers, institutions and exporters to discuss global demands and new regulations.

He added that RAOT aims to ensure at least 50% of Thai rubber plantations meet FSC standards to ensure the country can meet international demands.

Related stories:

SootinClaimon.Com

ศาสตร์เกษตรดินปุ๋ย2 [SartKasetDinPui2] : รวบรวม ข้อมูล เศรษฐกิจ สังคม สิ่งแวดล้อม เกษตร ดิน น้ำ ปุ๋ย

Tag Archives: business

8 best SEO agencies in Thailand with the best result and ROI

8 best SEO agencies in Thailand with the best result and ROI

These days, SEO is one of the most popular online marketing practices that many marketers are interested in. SEO especially helps increase higher ranking rates organically and that is the most effective way that drives traffic into websites.

JBP joined forces with alliances, heading toward sustainable business development under “One World One Future Together”

JBP joined forces with alliances, heading toward sustainable business development under “One World One Future Together”

Climate Change is causing severe environmental impacts and turbulence across the globe. Organizations and the general public are now focusing their attention on environmentally-friendly and sustainable business practices.

DTAC launches online solutions platform to assist SMEs with digitalisation

DTAC launches online solutions platform to assist SMEs with digitalisation

Thailand’s internet service provider, Total Access Communication (DTAC), in partnership with Telenor and Google Cloud, has created B-LAB, its first online solutions platform, aimed at helping small and medium-sized enterprises (SMEs) to successfully navigate the digital transformation process.

Sizzler alters strategy to cater to customers’ hunger for premium experience

Sizzler alters strategy to cater to customers’ hunger for premium experience

Sizzler, a western-style steak, seafood, and salad restaurant franchise, has adjusted its marketing strategy by creating an impressive dine-in experience with a premium menu to give consumers a special feeling.

Companies in four sectors to gain from revival of Thailand-Saudi Arabia ties

Companies in four sectors to gain from revival of Thailand-Saudi Arabia ties

The restoration of bilateral relations between Thailand and Saudi Arabia would benefit four business sectors, according to analysts at news agency Bangkokbiz.

Thai cement producers urged to eye Philippines as tax on imports ends

Thai cement producers urged to eye Philippines as tax on imports ends

Thai cement producers can turn to the Philippines as a potential market now that the Philippine government has decided not to extend a tax on imports of cement to protect domestic producers, a senior Thai trade official said on Wednesday.

Thailand’s headline inflation edges downward for third successive month

Thailand’s headline inflation edges downward for third successive month

Thailand’s headline inflation in November eased for the third consecutive month, but the consumer price index (CPI) was up year on year, data showed on Wednesday.

No diesel price cut despite falling oil: Energy minister

No diesel price cut despite falling oil: Energy minister

Energy Minister Supattanapong Punmeechaow said on Wednesday it is too early to lower the diesel price in Thailand despite the falling price of oil in the global market.

SCB first to raise interest rates after Bank of Thailand rate hike

SCB first to raise interest rates after Bank of Thailand rate hike

Siam Commercial Bank (SCB) on Wednesday raised its interest rates for both deposits and loans, the first bank to do so following the Bank of Thailand (BOT)’s latest policy rate hike.

Thai rubber industry has 2 years to meet international standards

Thai rubber industry has 2 years to meet international standards

Rubber produced in Thailand may be rejected by foreign buyers if plantations do not meet international management standards in the next two years.

8 best SEO agencies in Thailand with the best result and ROI

These days, SEO is one of the most popular online marketing practices that many marketers are interested in. SEO especially helps increase higher ranking rates organically and that is the most effective way that drives traffic into websites.

Share this:

JBP joined forces with alliances, heading toward sustainable business development under “One World One Future Together”

Climate Change is causing severe environmental impacts and turbulence across the globe. Organizations and the general public are now focusing their attention on environmentally-friendly and sustainable business practices.

Share this:

DTAC launches online solutions platform to assist SMEs with digitalisation

Thailand’s internet service provider, Total Access Communication (DTAC), in partnership with Telenor and Google Cloud, has created B-LAB, its first online solutions platform, aimed at helping small and medium-sized enterprises (SMEs) to successfully navigate the digital transformation process.

Share this:

Sizzler alters strategy to cater to customers’ hunger for premium experience

Sizzler, a western-style steak, seafood, and salad restaurant franchise, has adjusted its marketing strategy by creating an impressive dine-in experience with a premium menu to give consumers a special feeling.

Share this:

Companies in four sectors to gain from revival of Thailand-Saudi Arabia ties

The restoration of bilateral relations between Thailand and Saudi Arabia would benefit four business sectors, according to analysts at news agency Bangkokbiz.

Share this:

Thai cement producers urged to eye Philippines as tax on imports ends

Thai cement producers can turn to the Philippines as a potential market now that the Philippine government has decided not to extend a tax on imports of cement to protect domestic producers, a senior Thai trade official said on Wednesday.

Share this:

Thailand’s headline inflation edges downward for third successive month

Thailand’s headline inflation in November eased for the third consecutive month, but the consumer price index (CPI) was up year on year, data showed on Wednesday.

Share this:

No diesel price cut despite falling oil: Energy minister

Energy Minister Supattanapong Punmeechaow said on Wednesday it is too early to lower the diesel price in Thailand despite the falling price of oil in the global market.

Share this:

SCB first to raise interest rates after Bank of Thailand rate hike

Siam Commercial Bank (SCB) on Wednesday raised its interest rates for both deposits and loans, the first bank to do so following the Bank of Thailand (BOT)’s latest policy rate hike.

Share this:

Thai rubber industry has 2 years to meet international standards

Rubber produced in Thailand may be rejected by foreign buyers if plantations do not meet international management standards in the next two years.

Share this: