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Dec factory output drops 6.27% y/y, more than forecast

Reuters, Published on 31/01/2024

» Thailand's manufacturing production index in December fell 6.27% from a year earlier as car production output declined, the Industry Ministry said on Wednesday.

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GENERAL

Vietnam, Philippines to sign agreement on rice supply

Reuters, Published on 30/01/2024

» HANOI - Vietnam and the Philippines will sign a rice trade agreement covering the next five years, Vietnam's trade ministry said on Tuesday during a visit by Philippine President Ferdinand Marcos Jr.

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What happens next after China Evergrande ordered to liquidate

Reuters, Published on 29/01/2024

» HONG KONG - A Hong Kong court on Monday ordered China Evergrande, the world's most indebted developer, to be liquidated. The move could send shockwaves through already fragile Chinese capital and property markets. Such a process could be complicated, with potential political considerations, given the many authorities involved.

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GENERAL

Srettha insists economy in 'crisis', pledges more stimulus

Reuters, Published on 24/01/2024

» Prime Minister Srettha Thavisin said on Wednesday he believes Thailand's economy is in crisis, adding the government would roll out stimulus measures in addition to handouts to boost growth.

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GENERAL

GDP growth projection downgraded to 2.8%

Reuters, Published on 23/01/2024

» The Thai economy is expected to grow 2.8% this year, a sharp downgrade from a previous projection of 3.2%, the Ministry of Finance said in a statement on Tuesday.

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GENERAL

Industrial sentiment down in Dec on weak spending

Reuters, Published on 17/01/2024

» Thailand's industrial sentiment dropped in December, weighed down by weak spending power and export concerns, the Federation of Thai Industries (FTI) said on Wednesday.

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GENERAL

Central bank: Rate cuts not a quick fix for sluggish economy

Reuters, Published on 15/01/2024

» Thailand's "uneven" economic recovery cannot be fixed only by adjusting interest rates, the central bank said on Monday, hitting back at the government's calls to ease monetary policy to help revive sluggish activity.

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GENERAL

Consumer confidence near 4-year high

Reuters, Published on 11/01/2024

» Thai consumer confidence rose in December, reaching the highest level in 46 months, boosted by government measures to ease living costs and increased tourism, a survey showed on Thursday.

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Singapore, Malaysia weigh passport-free travel

Reuters, Published on 11/01/2024

» KUALA LUMPUR - Malaysia and Singapore agreed to jointly develop a special economic zone and explore a range of measures including passport-free travel to boost trade between the neighbours that each count the other as the No. 2 trading partner.

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GENERAL

Exports seen rising 1%-2% - shippers

Reuters, Published on 09/01/2024

» Thailand's exports are expected to rise 1%-2% in 2024, the Thai National Shippers' Council said on Tuesday, maintaining a previous forecast.