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Showing 11 - 20 of 179

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GENERAL

Current account deficit of $40m reported

Reuters, Published on 31/05/2024

» Thailand's economic growth quickened in April helped by strength in domestic demand, exports and tourism, the central bank said on Friday.

GENERAL

Factory output unexpectedly rises for first time in 19 months

Reuters, Published on 30/05/2024

» Thailand's manufacturing production index unexpectedly rose 3.43% in April from a year earlier, increasing for the first time in 19 months, helped by higher exports and tourism, the Industry Ministry said on Thursday.

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GENERAL

Finance Ministry to propose tax on cheap imports to cabinet

Reuters, Published on 30/05/2024

» The Ministry of Finance's plan to collect a 7% value-added tax (VAT) on imported goods sold for less than 1,500 baht (US$40.6) is expected to be submitted for cabinet approval next week, Deputy Finance Minister Julapun Amornvivat said on Thursday.

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GENERAL

Government Savings Bank in joint venture to tackle household debt

Reuters, Published on 29/05/2024

» The Government Savings Bank (GSB) has formed a joint venture with Bangkok Commercial Asset Management to tackle household debt, the state-owned lender said on Wednesday.

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GENERAL

Cabinet approves plan to raise 2024 budget

Reuters, Published on 21/05/2024

» Thailand needs more stimulus measures to help the economy meet its potential after growth was lower than expected in the first quarter, Finance Minister Pichai Chunhavajira said on Tuesday.

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GENERAL

Red Lobster probes "endless shrimp" losses after bankruptcy filing

Reuters, Published on 21/05/2024

» NEW YORK - Red Lobster, which filed for Chapter 11 bankruptcy in Florida on Sunday night, is investigating the role its majority owner Thai Union played in the restaurant chain's "endless shrimp" promotion that caused US$11 million in losses, court documents showed.

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GENERAL

Govt plans to increase budget by B122bn to fund handout scheme

Reuters, Published on 20/05/2024

» The government is seeking to increase the 2024 fiscal budget by 122 billion baht to fund its signature handout scheme, its Budget Bureau chief said on Monday, only a month after a delayed 3.48 trillion baht budget was passed.

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GENERAL

Consumer confidence falls for second month

Reuters, Published on 15/05/2024

» Thai consumer confidence fell for a second straight month in April, dented by a slow economic recovery and higher living costs, a survey showed on Wednesday.

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Indonesia offers 5 oil, gas blocks in first auction of 2024

Reuters, Published on 14/05/2024

» TANGERANG - Indonesia has launched its first oil and gas auction this year with an offering of five oil and gas blocks, energy ministry senior official Dadan Kusdiana said on Tuesday.

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GENERAL

China's exports and imports return to growth

Reuters, Published on 09/05/2024

» BEIJING: China's exports and imports returned to growth in April after contracting in the previous month, customs data showed on Thursday, signalling an encouraging improvement in demand at home and overseas in a boost to a shaky economic recovery.