Showing 1 - 10 of 555
Thai factory output falls in August
Published on 26/09/2024
» Factory output in Thailand fell in August due to lower automobile production, higher energy prices and flooding in the North, according to the Ministry of Industry, which now says a full-year contraction is possible.
Thailand risks credit rating downgrade, opposition warns
Bloomberg News, Published on 26/09/2024
» Thailand runs a "very alarming" risk of credit rating downgrades if the government does not rein in its massive pile of debt to prop up Southeast Asia's second-largest economy, according to the country's biggest opposition group.
2.4 million ‘at-risk’ borrowers a big concern
Somruedi Banchongduang, Published on 24/09/2024
» Borrowers with debts exceeding 1 million baht each represent the greatest concern for the country as household debt accumulates, a new survey shows.
China seen as keeping Thai inflation low
Business, Wichit Chantanusornsiri, Published on 24/09/2024
» Thailand's rate of inflation is not a major concern as China is currently "exporting deflation" globally, according to the chairman of the state planning agency.
Private sector calls on BoT to cut rates
Business, Phusadee Arunmas, Published on 24/09/2024
» The private sector is urging the Bank of Thailand to reduce interest rates and maintain the value of the baht.
Thailand to postpone Oct 1 minimum wage hike: official
Published on 23/09/2024
» Thailand will postpone a hike in the minimum wage to 400 baht per day scheduled for Oct 1 by about two weeks due to a lack of a quorum at meetings of the committee working on the increase, a senior labour official said on Monday.
Thai Chamber of Commerce urges central bank to take measures to stabilise baht
Published on 23/09/2024
» Thai businesses are pressing the central bank to take measures to stabilise the baht currency, which has rapidly gained strength and could impact fourth-quarter growth, a senior Thai Chamber of Commerce official said on Monday.
All eyes on Thai baht
Business, Published on 23/09/2024
» The direction of the Thai currency for the remainder of the year is critical for local industries after the Federal Reserve cut interest rates as expected last Wednesday, putting more pressure on the Bank of Thailand's Monetary Policy Committee (MPC), which has held steady on rates since last year.
Where to look as rates dip
Business, Nuntawun Polkuamdee, Published on 23/09/2024
» After the Federal Reserve cut US interest rates for the first time in four years last week with more trims planned, positive sentiment pulsed for various assets.
Outlook improves as traders await big fund buys
Business, Published on 21/09/2024
» The Stock Exchange of Thailand has broken through the 1,400-point resistance level this month and continues to climb, with consolidation at times. Blue chips such as ADVANC, GULF, banking and healthcare plays have continued to lead the gains since mid-August.