Showing 1 - 10 of 13
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.
Measures approved to boost stock market with tax breaks for sustainable funds
Reuters, Published on 30/07/2024
» The government has approved measures aimed at boosting the local stock market by increasing tax breaks and reducing lockups for individuals investing in so-called sustainable funds.
Exports fall for first time in 3 months, weaker than expected
Reuters, Published on 26/07/2024
» Thai exports fell for the first time in three months in June due to slowing agriculture and food sales, the Commerce Ministry said on Friday, adding that it still expected exports to grow overall in 2024.
Thailand approves B100bn soft loan scheme for banks
Reuters, Published on 16/07/2024
» BANGKOK - Thailand's cabinet on Tuesday approved a 100-billion-baht (US$2.8-billion) soft loan scheme where funds would be lent to commercial banks so they could on-lend to borrowers at below-market rates, a deputy finance minister said.
World Bank cuts Thai outlook to 2.4% on weaker exports
Reuters, Published on 03/07/2024
» Thailand's economy is expected to grow 2.4% this year, down from the 2.8% expansion projected in April, largely due to weaker-than-expected exports and public investment early in the year, the World Bank said on Wednesday.
Hyundai Motor, LG Energy Solution launch Indonesia's first EV battery plant
Reuters, Published on 03/07/2024
» JAKARTA - South Korea's Hyundai Motor Group and LG Energy Solution on Wednesday launched Indonesia's first battery cell production plant for electric vehicles (EVs) with an annual capacity of 10 Gigawatt hours (GWh) of battery cells.
Boeing to buy struggling supplier Spirit Aero
Reuters, Published on 01/07/2024
» BENGALURU, India - Boeing said on Monday it would buy its struggling supplier Spirit AeroSystems in a US$4.7 billion all-stock deal which was finalized after months of talks, as the aerospace giant tries to solve a full-blown safety and regulatory crisis that has engulfed its key supplier as well.
Exports jump 7.2% in May, beating forecast
Reuters, Published on 21/06/2024
» Thailand's exports rose for a second straight month in May, up 7.2% from a year earlier, the Commerce Ministry said on Friday, beating analysts' expectations.
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.
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.