Showing 71 - 80 of 743
Analysts trim growth for this year and next
Business, Nareerat Wiriyapong, Published on 04/05/2024
» Analysts are downgrading GDP growth estimates for this year and next as the export outlook turns patchy, the manufacturing slump deepens, the tourism recovery is uneven and the likelihood of interest rate cuts by the Bank of Thailand this year seems limited.
Is the OECD relevant for Thailand?
Oped, Published on 03/05/2024
» On the 60th anniversary of Japan's accession to the OECD, it is a great honour for Japan to chair this year's OECD Ministerial Council Meeting (MCM) with the participation of Indonesia, Thailand, Vietnam, Singapore, Laos (the Asean chair) and the Asean secretariat.
Why the economy is heading for a crisis
Oped, Chartchai Parasuk, Published on 02/05/2024
» I wish I were this good when it comes to picking winning lottery ticket. Just a few days ago, the Ministry of Finance (MOF) lowered its 2024 GDP growth projection from 2.8% to 2.4%, citing blah, blah, blah.
BoT: Baht to reverse course in H2
Business, Somruedi Banchongduang, Published on 01/05/2024
» The baht depreciation softened in April, supported by the Thai economy's improving momentum, while a central bank executive expects the local currency to strengthen in the second half of this year.
Wage hikes stir discontent
News, Supoj Wancharoen, Published on 01/05/2024
» To mark International Labour Day on Wednesday, academics and labour activists have stepped up their calls on the government to increase minimum daily wages for workers nationwide following rises in parts of 10 provinces that took effect on April 13.
Krungsri upbeat on outlook for Japanese, multinational loans
Business, Somruedi Banchongduang, Published on 30/04/2024
» Bank of Ayudhya (Krungsri) has set an ambitious loan growth target for its Japanese and multinational corporation (JPC/MNC) banking business this year, despite experiencing a loan contraction in this segment last year.
EEC prepares for water shortages
Business, Lamonphet Apisitniran, Published on 30/04/2024
» A water shortage, caused by an El Niño-induced drought, in the Eastern Economic Corridor (EEC) could be avoided as water supplies have been prepared for factories to help them get through the dry season this year, says the Industrial Estate Authority of Thailand (IEAT).
New finance minister given thumbs up
Business, Published on 30/04/2024
» Stock market analysts welcomed Pichai Chunhavajira as the new finance minister, saying the former Stock Exchange of Thailand (SET) chairman is expected to actively oversee the capital market and push forward economic stimulus as the 2024 fiscal budget is ready for disbursement.
Finance Ministry downgrades Thai growth forecast
Wichit Chantanusornsiri, Published on 29/04/2024
» The Finance Ministry on Monday downgraded its economic growth forecast to 2.4% for this year, down from its previous projection of 2.8% in January.
Warning over minimum wage increase
Phusadee Arunmas, Published on 29/04/2024
» The University of the Thai Chamber of Commerce (UTCC) said that if the government raises the minimum daily wage to 400 baht nationwide, it may lead to GDP growing at at a rate below 2.6% and increase the rate of inflation to 3%, affecting consumer purchasing power.