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Search Result for “thailand economic”

Showing 1 - 10 of 36,609

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GENERAL

Minister opens door to World Cup bid

Molpasorn Shoowong, Published on 08/05/2024

» Thailand can still consider bidding for future Fifa World Cups, banking on its credibility as host of Southeast Asia’s first Fifa World Congress later this month, says new Tourism and Sports Minister Sermsak Pongpanit.

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THAILAND

IRPC Profits Soar, Targets Euro 5 Diesel Sales

Published on 08/05/2024

» IRPC Public Company Limited has reported a first-quarter profit of 1,545 million baht, attributed to an increased market share of specialty products in line with its strategic plan. For the second quarter of 2024, the company aims to aggressively sell Euro 5 diesel to meet rising domestic demand.

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GENERAL

Top business lobby joins rate cut call, trims GDP forecast

Published on 08/05/2024

» The country's biggest business lobby has urged the Bank of Thailand to cut interest rates and work with the government on ways to revive business and consumption activity, after slashing its own estimate for economic growth.

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THAILAND

Bitkub Exchange Honoured by SEC for Educational Impact

Published on 08/05/2024

» Bitkub Online Company Limited, the provider of digital asset trading centre services known as Bitkub Exchange, received an honorary certificate from the Securities and Exchange Commission (SEC) on 22 April 2024. This recognition was for their participation in the "Thai Capital Market, Sharing Knowledge Initiative with the People" project, Phase 1, which ran from July 2023 to March 2024. The initiative aimed to enhance financial literacy among Thai investors and the public, helping them to manage their finances efficiently, increase investment opportunities, maintain sustainable financial health, and understand various investment risks and measures to prevent fraud.

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GENERAL

US weighs upgrade for Vietnam to 'market economy' status

Published on 08/05/2024

» WASHINGTON: US President Joe Biden's bid to draw Vietnam closer as a strategic ally will clash head-on with his desire for union workers' votes on Wednesday as the Commerce Department hears testimony on whether to designate Vietnam as a "market economy".

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GENERAL

Garmin targets double-digit growth

Business, Suchit Leesa-nguansuk, Published on 08/05/2024

» Garmin, the leading GPS smartwatch manufacturer, has allocated a hefty marketing budget to shift the target market from athletes to wellness enthusiasts, aiming to achieve double-digit growth in Thailand.

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GENERAL

Council anticipates 1-2% export growth

Business, Phusadee Arunmas, Published on 08/05/2024

» The Thai National Shippers' Council (TNSC) is confident exports will grow by 1-2% this year and suggested the planned hike in the daily minimum wage must be considered thoroughly, with supportive government measures provided under the wage committee mechanism.

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GENERAL

Pichai takes finance helm

Business, Wichit Chantanusornsiri, Published on 08/05/2024

» Newly appointed Finance Minister Pichai Chunhavajira has vowed to expedite efforts to deal with household debt, revive the economy and increase individuals' income.

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GENERAL

Economists back Bank of Thailand's autonomy

Business, Published on 08/05/2024

» The Bank of Thailand (BoT) must be independent to pursue its role of maintaining economic stability, say economists, noting that interest rates have a minimal impact on increasing economic growth, but could affect the stability of the baht and cause household debt to rise.

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GENERAL

Industrialists join rate-cut chorus

Lamonphet Apisitniran, Published on 07/05/2024

» The Bank of Thailand should consider reducing interest rates in the second half to relieve the financial burden of small and medium-sized enterprises (SMEs), which are facing tougher competition and an uncertain economy, says the Federation of Thai Industries (FTI).