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GENERAL

World Bank cuts Thai growth outlook

Reuters, Published on 14/12/2023

» Thailand's economic growth is expected at 2.5% this year before accelerating to 3.2% in 2024, supported by a recovery in tourism, exports and sustained private consumption, the World Bank said on Thursday.

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GENERAL

Consumer confidence up slightly in Nov

Reuters, Published on 07/12/2023

» Thai consumer confidence rose slightly in November, helped by government measures that reduced energy prices and a relaxing of visa rules for tourists, a survey showed on Thursday.

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GENERAL

Inflation lowest in 33 months

Reuters, Published on 07/12/2023

» Thailand's headline consumer price index (CPI) came in at -0.44% in November from a year earlier, the second consecutive month and lowest in nearly three years, the Commerce Ministry said on Thursday.

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GENERAL

Myanmar central bank to no longer set forex rates

Reuters, Published on 06/12/2023

» Myanmar's central bank will no longer set exchange rates for foreign currencies and will allow banks and licensed dealers to decide their own rates, state media reported on Wednesday, in a rare easing of some of its tight controls.

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GENERAL

Thailand records current account surplus of $0.7bn in Oct

Reuters, Published on 30/11/2023

» Thailand's economy continued to recover in October thanks to consumption and private investment, the Bank of Thailand (BoT) said, but exports and the services sector slowed.

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GENERAL

October factory output falls 4.3%

Reuters, Published on 30/11/2023

» Thailand's manufacturing production index (MPI) in October dropped 4.29% from a year earlier, Industry Ministry data showed on Thursday.

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GENERAL

Study reveals world's most expensive cities

Reuters, Published on 30/11/2023

» HONG KONG - Singapore and Zurich tied for the world's most expensive city this year, followed by Geneva, New York and Hong Kong, the Economist Intelligence Unit (EIU) said on Thursday as it cautioned that the global cost-of-living crisis was not yet over.

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GENERAL

Central bank holds key rate at 2.50%, as expected

Reuters, Published on 29/11/2023

» The Bank of Thailand left its key interest rate unchanged on Wednesday, as expected, ending a year-long tightening cycle, amid slowing economic growth and below-target inflation.

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GENERAL

Cambodia scraps coal power project to build gas-fired plant, import LNG

Reuters, Published on 29/11/2023

» SINGAPORE - Cambodia has abandoned plans to build a US$1.5 billion 700 megawatt (MW) coal-fired power project in a protected reserve along the southwestern coast and will build an 800 MW natural-gas fired plant instead, according to its energy minister.

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GENERAL

Srettha vows to tackle informal debt to revive economy

Reuters, Published on 28/11/2023

» The government will prioritise tackling informal debt to revive the economy, Prime Minister and Finance Minister Srettha Thavisin said on Tuesday.