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GENERAL

Tupperware files for bankruptcy protection as demand slumps

Reuters, Published on 18/09/2024

» BENGALURU - Tupperware Brands and some of its subsidiaries filed for Chapter 11 bankruptcy protection on Tuesday, succumbing to declining demand for its once-popular colourful food storage containers and ballooning losses.

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GENERAL

Thai industrial sentiment down on weak demand 

Reuters, Published on 18/09/2024

» Industrial sentiment fell in August due to weak domestic demand, high production costs and floods, the Federation of Thai Industries (FTI) said on Wednesday.

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GENERAL

Inflation up in August, below forecast

Reuters, Published on 05/09/2024

» Thailand's annual headline inflation rate slowed in August, as food prices rose and energy prices fell, the Commerce Ministry said on Thursday, and remained below the Bank of Thailand's (BoT) target range of 1% to 3%.

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GENERAL

Inflation target range still effective - central bank

Reuters, Published on 04/09/2024

» Thailand's current inflation target range of 1% to 3% has been effective in anchoring expectations and in handling price shocks, minutes of the Bank of Thailand's (BoT) Aug 21 monetary policy meeting showed on Wednesday.

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GENERAL

Export forecasts for 2024 unchanged - shippers

Reuters, Published on 03/09/2024

» Thailand's exports are expected to rise 1% to 2% this year, unchanged from a previous forecast, while a stronger baht will have a limited impact on short-term exports, the Thai National Shippers' Council said on Tuesday.

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GENERAL

BoT governor, finance minister to discuss inflation

Reuters, Published on 30/08/2024

» Thailand's central bank chief and finance minister will meet in early September to open negotiations on an inflation target for 2025, a senior official said, as the government seeks a new goal with an eye on a rate cut that it has pushed for months.

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GENERAL

Thai economy 'nearly in crisis'

Reuters, Published on 21/08/2024

» Thailand's economy is nearly in crisis due to declining exports and uncompetitive manufacturing, caretaker Finance Minister Pichai Chunhavajira said on Wednesday.

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GENERAL

Thai growth quickens in Q2 on higher consumption, tourism

Reuters, Published on 19/08/2024

» Thai economic growth strengthened in the second quarter due to increases in consumption, tourism and exports, official data showed on Monday, and the government narrowed its full-year growth forecast range.

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GENERAL

Inflation up in July, above forecast

Reuters, Published on 07/08/2024

» Thailand's headline consumer price index (CPI) rose 0.83% in July from a year earlier, after the previous month's annual increase of 0.62%, the Commerce Ministry said on Wednesday.

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GENERAL

Consumer confidence falls to 11-month low

Reuters, Published on 06/08/2024

» Thai consumer confidence dropped for a fifth consecutive month in July to its lowest level since August last year due to concerns over a slow economic recovery, the rising cost of living and political uncertainty, a survey showed on Tuesday.