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Search Result for “3.2.1”

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GENERAL

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.

GENERAL

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.

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GENERAL

Government Savings Bank in joint venture to tackle household debt

Reuters, Published on 29/05/2024

» The Government Savings Bank (GSB) has formed a joint venture with Bangkok Commercial Asset Management to tackle household debt, the state-owned lender said on Wednesday.

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GENERAL

Cabinet approves plan to raise 2024 budget

Reuters, Published on 21/05/2024

» Thailand needs more stimulus measures to help the economy meet its potential after growth was lower than expected in the first quarter, Finance Minister Pichai Chunhavajira said on Tuesday.

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GENERAL

Govt plans to increase budget by B122bn to fund handout scheme

Reuters, Published on 20/05/2024

» The government is seeking to increase the 2024 fiscal budget by 122 billion baht to fund its signature handout scheme, its Budget Bureau chief said on Monday, only a month after a delayed 3.48 trillion baht budget was passed.

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GENERAL

Exports expected to rise 1%-2% - shippers

Reuters, Published on 07/05/2024

» Thailand's exports are expected to rise 1% to 2% this year, unchanged from a previous forecast, the Thai National Shippers' Council said on Tuesday.

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GENERAL

Factory output falls for 18th consecutive month

Reuters, Published on 30/04/2024

» The manufacturing production index dropped 5.13% in March from a year earlier, falling for the 18th consecutive month, the Industry Ministry said on Tuesday, missing analysts' expectations.

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GENERAL

Bank of Thailand to adjust rates amid changes: deputy chief

Reuters, Published on 23/04/2024

» WASHINGTON/BANGKOK: The Bank of Thailand (BoT), under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, BoT deputy governor Alisara Mahasandana said.

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GENERAL

Central bank's independence must not overlook people's suffering: PM

Reuters, Published on 11/04/2024

» Prime Minister Srettha Thavisin said on Thursday that an interest rate cut by the Bank of Thailand (BoT) would have been good for the Thai economy, in response to the bank’s decision to hold interest rates steady.

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GENERAL

Bank of Thailand holds key rate at 2.50%

Reuters, Published on 10/04/2024

» Thailand's central bank left its key interest rate unchanged for a third straight meeting on Wednesday, as widely expected, resisting government pressure to lower borrowing costs to help revive Southeast Asia's second-largest economy.