The Center for Economic and Business Forecasting
University of the Thai Chamber of Commerce
1/F, Building 2,
126/1 Vibhavadee-Rangsit Road, Dindaeng,
Bangkok 10400, Thailand
Tel:+66(02)697-6341
E-mail: utcccebf@yahoo.com
Website: http://www.utcc.ac.th/cebf
Introduction
Thailand's economic recession in 1996 and its transition to the managed-float exchange rate regime in 1997 resulted in one of the worst economic crisis the country has ever experienced. The impact of this crisis permeated both the social and economic sections. To prevent the history from repeating itself, we need to be more vigilant. Staying updated on economic news, views, and tendency can reduce risks in the production, trading, and service operations of both the government and the private sectors.
Therefore, the need for economic warning system was recognized. Consequently, the UTCC Center for Economic and Business Forecasting was founded to become a hub for information, research, and forecasting related to the current issues in economic and business. It also works to create economic indicators which can accurately predict the upcoming economic condition so that both the government and private sectors can be ready for the challenges
Future Plans
The Plans for Academic Service Projects
* Create economic and business monitoring indices
* Create leading indices for the industrial, trading, service, and agricultural sectors
* Create economic and business database for the regional and provincial uses
* Analyze and publicizing both the current and forthcoming economic conditions at the regional and provincial levels
The Plan for Consultation Service
* Provide Consultation on Developing the Appropriate Business Strategies for Corporate Sectors
The Plans for Devising and Developing Various Training Programs
* Organize training programs on economic and business forecast for interested individuals
* Organize training programs on devising and developing business strategies
* Offer an on-campus trainee program for interested students
The Plans for Research Service
* Provide research service to the governmental and private organizations
Objectives
1. To observe, analyze, and forecast the macro-economic situations of Thailand and other noteworthy countries
2. To observe, analyze, and forecast the situations of business, trading, and other important industries in Thailand.
3. To conduct surveys and to collect facts relevant to the economic, business, and trading conditions, especially those useful to the public
4. To report and publicize the economic analysis and forecast outcomes
Current Activities
1. Collaborating with the Thai Chamber of Commerce in research and analysis upon its request.
2. Publicizing a monthly Consumer Confidence Index.
3. Creating macro-economic models for economic and business forecast.
4. Observing and analyzing the current economic and business situations and predicting their future trends.
5. Making the economic analysis and forecast results available to the Thai Chamber of Commerce, the local chambers of commerce, and the interested individuals.
6. Forming the economic database of Thailand and its economically related countries, and making it accessible to the public.
7. Collaborating with the Thai Chamber of Commerce upon request.
University Of The Thai Chamber Of Commerce
UTCC
Education
University
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