Showing 1 - 10 of 701
Q1 GDP grows 1.5% y/y, above forecast
Published on 20/05/2024
» Thailand's economy expanded 1.5% in the first quarter from a year earlier, official data showed on Monday, beating analysts' expectations.
Anticipated rate cut expected to bolster residential market
Kanana Katharangsiporn, Published on 20/05/2024
» The expected dip in interest rates by 25 percentage points in the second half this year is expected to help the residential market, resulting in projected growth of 5.5%, in contrast with a decline of 0.7% without a rate cut.
Asian shares retreat on China weakness
Business, Published on 18/05/2024
» RECAP: Stocks in Asia fell yesterday after data from China showed fresh economic weakness and traders reassessed the path forward for US interest rates.
TAI and RX Tradex Host Automotive Summit 2024
Published on 17/05/2024
» Thailand Automotive Institute (TAI) in collaboration with RX Tradex is driving forward to transform the automobile industry in tackling the massive transformation towards innovative automobiles for sustainability, following the emerging growth trend seen by over 100,000 EV registrations in Thailand. Hosting as the exchange stage for new technology learning and automobile updates, the annual “Automotive Summit 2024” will be held during 19-20 June 2024 alongside the “Automotive Manufacturing” forum, part of the “Manufacturing Expo” hosted from 19-22 June 2024 at Bitec.
Malaysia's economy grows annual 4.2% in Q1 on export rebound
Published on 17/05/2024
» KUALA LUMPUR - Malaysia's economy expanded 4.2% in the first quarter of 2024 from a year earlier, beating market expectations on higher household spending and a turnaround in exports, government and central bank data showed on Friday.
Food Industry Innovation and Opportunity at THAIFEX - Anuga Asia 2024: Global Reach, Regional Expertise, Local Partnership
Published on 17/05/2024
» THAIFEX - Anuga Asia returns to Thailand this May 28th to June 1st at IMPACT Muang Thong Thani, Bangkok. The 2024 edition of Asia Pacific’s premier food and beverage (F&B) trade exhibition promises visitors a sweeping array of flavors, cutting-edge technology and indispensable solutions on display by more than 3,000 suppliers from the Asia-Pacific region and beyond, providing F&B businesses with a one-stop resource to help meet ever-growing and rapidly evolving consumer demand for foods with added benefits.
CRC Thaiwatsadu to open 13 new branches this year
Business, Kuakul Mornkum, Published on 16/05/2024
» CRC Thaiwatsadu Co, the home improvement and construction material unit under Central Retail Corporation (CRC), views the economy in the second half of this year as promising and plans to open 13 new branches within this year.
Slowdown weighs on current account
Business, Nareerat Wiriyapong, Published on 16/05/2024
» Thailand's waning appeal in terms of attracting foreign direct investment (FDI), an uneven tourism recovery and the currency outlook are pressuring the country's current account surplus, which is still below the pre-pandemic level, says BMI, a Fitch Solutions company.
Stark reality behind economic figures
Oped, Chartchai Parasuk, Published on 16/05/2024
» At the time of writing this, the official Q1 GDP has not been announced by the National Economic and Social Development Council (NESDC). I expect the growth figure will be around 1.2%. My own estimation, using the Output Approach and actual sectoral production index, gives a growth figure of 0.98%. Detailed data are in the below table.
Consumer confidence takes a hit from high living costs
Business, Phusadee Arunmas, Published on 16/05/2024
» The consumer confidence index declined for a second consecutive month in April, attributed to a slow and uneven economic recovery and higher living costs, according to a survey by the University of the Thai Chamber of Commerce (UTCC).