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Search Result for “3.2.1”

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GENERAL

Top business lobby joins rate cut call, trims GDP forecast

Published on 08/05/2024

» The country's biggest business lobby has urged the Bank of Thailand to cut interest rates and work with the government on ways to revive business and consumption activity, after slashing its own estimate for economic growth.

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GENERAL

Council anticipates 1-2% export growth

Business, Phusadee Arunmas, Published on 08/05/2024

» The Thai National Shippers' Council (TNSC) is confident exports will grow by 1-2% this year and suggested the planned hike in the daily minimum wage must be considered thoroughly, with supportive government measures provided under the wage committee mechanism.

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GENERAL

Pichai takes finance helm

Business, Wichit Chantanusornsiri, Published on 08/05/2024

» Newly appointed Finance Minister Pichai Chunhavajira has vowed to expedite efforts to deal with household debt, revive the economy and increase individuals' income.

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GENERAL

Jitta Wealth sees promise in Hong Kong, Chinese stocks

Business, Nuntawun Polkuamdee, Published on 08/05/2024

» Chinese and Hong Kong stocks offer the best investment opportunities for substantial returns, while artificial intelligence (AI) is set to change the investment landscape by effectively managing portfolios, says Jitta Wealth Asset Management.

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GENERAL

Industrialists join rate-cut chorus

Lamonphet Apisitniran, Published on 07/05/2024

» The Bank of Thailand should consider reducing interest rates in the second half to relieve the financial burden of small and medium-sized enterprises (SMEs), which are facing tougher competition and an uncertain economy, says the Federation of Thai Industries (FTI).

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GENERAL

Srettha defends wage hike plan as businesses voice concern

Published on 07/05/2024

» Prime Minister Srettha Thavisin on Tuesday defended his plan to introduce a nationwide daily minimum wage of 400 baht (US$10.88) as a necessary move for the economy, as business groups voiced concerns about the impact of higher wage costs.

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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

Gold traders eye $2,500 this year amid frenzied buying

Business, Nareerat Wiriyapong, Published on 07/05/2024

» Local gold traders say global prices remain on course to reach US$2,500 per ounce in the second half of 2024, after slipping below $2,300 recently, although the market lowered expectations for US interest rate cuts to a maximum of two times this year, down from 3-4 earlier.

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GENERAL

More fiscal measures on the cards

Business, Wichit Chantanusornsiri, Published on 07/05/2024

» The Finance Ministry plans to study fiscal measures that can create economic momentum following the implementation of the digital wallet stimulus project.

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GENERAL

KBank eases digital loans to improve asset quality

Business, Somruedi Banchongduang, Published on 07/05/2024

» Kasikornbank (KBank) has opted to slow the pace of its digital personal loan business to refine its business model, improving control of the quality of its loan products.