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BUSINESS

Investment pledges up 70% in H1

Reuters, Published on 10/07/2023

» Investment applications between January and June jumped 70% from a year earlier, driven by foreign investors' projects in the electronics, food and auto sectors, the government said on Monday.

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BUSINESS

2023 exports seen between 0.5% fall and 1% growth

Reuters, Published on 04/07/2023

» Thailand's exports are expected to show between a 0.5% drop and a 1.0% rise this year as global demand remains soft but a weak baht is supportive, the Thai National Shippers' Council said on Tuesday.

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BUSINESS

GDP growth outlook remains at 3.0-3.5%

Reuters, Published on 05/07/2023

» Thailand's economy is expected to grow 3.0% to 3.5% this year, the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) said on Wednesday, unchanged from its previous forecast, as tourism gathers momentum but exports soften.

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BUSINESS

Inflation unexpectedly up in June but at slower pace

Reuters, Published on 05/07/2023

» Thailand's headline consumer price index (CPI) increased 0.23% in June from a year earlier, slowing from a 0.53% year-on-year rise in the previous month, the Commerce Ministry said on Wednesday.

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BUSINESS

Samsung profit 'lowest in over 14 years'

Reuters, Published on 06/07/2023

» SEOUL: Samsung Electronics' June-quarter profit is expected to plunge 96% on-year to the lowest for any quarter in more than 14 years, as a chip glut continues to drive large losses in the tech giant's cash cow business despite a supply cut.

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BUSINESS

Rice to get costlier as supply threatened

Reuters, Published on 06/07/2023

» MUMBAI: Global rice prices, now at their highest in 11 years, are set to rally further after India moved to boost payments to farmers, just as El Nino threatens yields in key producers and alternative staples get costlier for poor Asians and Africans.

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BUSINESS

PTT in advanced talks with Qatar for LNG deal

Reuters, Published on 07/07/2023

» SINGAPORE/LONDON: Thailand's largest energy company, state-controlled PTT, is in advanced talks with Qatar for a 15-year liquefied natural gas (LNG) supply deal, according to four trading sources.

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BUSINESS

Household debt 'worrying' but no problem yet, says central bank

Reuters, Published on 03/07/2023

» The ratio of Thailand's household debt to gross domestic product is currently at a "worrying" 90.6%, the central bank said on Monday, adding that it posed no real problem at present.

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BUSINESS

Factory output falls 3.14%, less than forecast

Reuters, Published on 30/06/2023

» Thailand's manufacturing production index (MPI) in May dropped by a less than expected 3.14% from a year earlier as exports remained sluggish, the Industry Ministry said on Friday.

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BUSINESS

Economy picks up as tourism, spending rise

Reuters, Published on 30/06/2023

» The Thai economy in May improved from the previous month as tourism gathered momentum and private consumption increased while exports remained weak, the Bank of Thailand (BoT) said on Friday.