Showing 1 - 10 of 39
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.
Thailand records current account surplus of $1.3bn
Reuters, Published on 31/03/2023
» Thailand recorded a current account surplus of US$1.3 billion in February, after a revised deficit of $2.1 billion in the previous month, the Bank of Thailand (BoT) said on Friday.
BoT: External stability strong, economy recovering
Reuters, Published on 17/03/2023
» Thailand's external stability is sound with low foreign debt and high international reserves, while the economy is recovering steadily on increased tourism and domestic spending, the Bank of Thailand (BoT) said.
Factory output falls 4.35% y/y, less than forecast
Reuters, Published on 28/02/2023
» The manufacturing production index (MPI) for January dropped by a slightly less-than-expected 4.35% from a year earlier as a global slowdown hurt exports, the Industry Ministry said on Tuesday.
Finance Ministry maintains growth outlook, expects more tourists
Reuters, Published on 27/01/2023
» The Ministry of Finance has maintained its economic growth outlook for 2023 at 3.8%, buoyed by a rebound in tourism and domestic demand, but an official said exports would slow down this year.
Baht down ahead of policy decision
Reuters, Published on 25/01/2023
» Asian emerging markets trickled back to life on Wednesday after the Lunar New Year holiday, with the baht dipping ahead of a central bank policy rate decision, while Singapore shares hit a near nine-month high ahead of inflation data.
Current account deficit of $400m reported in November
Reuters, Published on 29/12/2022
» The country recorded a current account deficit US$400 million in November after a revised surplus of $600 million the previous month, the Bank of Thailand said on Thursday.
New Year spending seen at 3-year high - UTCC
Reuters, Published on 22/12/2022
» Thailand's consumer spending during the New Year could reach a three-year high of 103 billion baht (US$2.97 billion) as the economy continues to recover from the impacts of the Covid-19 pandemic, the president of the University of the Thai Chamber of Commerce (UTCC) said on Thursday.
Economy can withstand global risks, says finance minister
Reuters, Published on 14/12/2022
» The Thai economy is still on the recovery path and should grow 3.4% in 2022 and 3.8% next year, supported by a rebound in the vital tourism sector, Finance Minister Arkhom Termpittayapaisith said on Wednesday.
Rate hikes to be gradual, measured - central bank minutes
Reuters, Published on 14/12/2022
» Further monetary tightening will be gradual and measured, and can be adjusted if necessary, after the monetary policy committee raised its key interest rate late last month, minutes of the meeting showed on Wednesday.