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Local industrial output up after 9-month decline
Wichit Chantanusornsiri, Published on 01/06/2025
» Industrial output has turned positive for the first time in nine months, with the automotive sector rebounding after a 21-month slump, says Deputy Finance Minister Paopoom Rojanasakul.
Shares retreat as more tariff uncertainty looms
Business, Published on 31/05/2025
» RECAP: Asian shares fell on Friday as the euphoria over a US court ruling blocking President Donald Trump's sweeping tariffs wore off, giving way to concerns about prolonged economic uncertainty while Trump challenges the decision.
Improving auto sector drives manufacturing rise
Lamonphet Apisitniran, Published on 31/05/2025
» Thailand's Manufacturing Production Index (MPI) rose by 2.1% year-on-year to 92.3 points in April, driven mainly by the improving automotive industry, says the Office of Industrial Economics (OIE).
Thai factory output rises in April, but 2025 forecast cut
Published on 30/05/2025
» Thailand's manufacturing production index unexpectedly rose 2.17% in April from a year earlier on gains in manufacturing, exports of industrial goods and tourism, the industry ministry said on Friday.
Equities steady a day after big US bond sell-off
Business, Published on 24/05/2025
» RECAP: Asian equities stabilised on Friday, a day after a sell-off in Treasuries that reflected concerns about US fiscal stability and rattled markets around the globe.
Siam Cement mulls reopening $5.4 billion plant in Vietnam as prices rebound
Published on 23/05/2025
» Siam Cement Plc is looking to resume operations at its $5.4 billion petrochemicals complex in Vietnam, amid signs prices depressed by a period of oversupply have hit the bottom.
Thai-US trade talks are likely to fail
Oped, Chartchai Parasuk, Published on 15/05/2025
» Don't get too excited over news the temporary trade deal between China and the US will mean friendly negotiations with other countries. The US government still aims for higher import tax income to narrow its monstrous fiscal deficit. As explained in a previous article, Donald Trump would love to see an average tariff rate of around 20% or higher on imports. Higher customs revenue already allowed the US to achieve a budget surplus of US$258 billion (8.5 trillion baht) in April. The figure incorporates only a 10% universal tariff, as full reciprocal tariffs were postponed for 90 days from April 8. Just imagine how nice the US budget position would be with 20% or more import tariff revenue?
Vietnam keeps growth target at 8% despite tariff challenges
Published on 05/05/2025
» Vietnam’s prime minister said the nation’s economic growth target remains unchanged this year despite the many challenges it faces, as the threat of US tariffs creates uncertainty for exporters and businesses.
Call for Thai ministers to do their job
Business, Published on 05/05/2025
» Clouded by several negative factors, including uncertainty stemming from unresolved negotiations with the US on tariff hikes, the Thai economy is likely to miss the government's forecast of 3% growth this year.
Shares advance on optimism about China-US talks
Business, Published on 03/05/2025
» RECAP: Asian shares rose to the highest level in a month and US equity-index futures advanced yesterday after China said it is evaluating trade talks with the US, boosting optimism that tariff tensions will cool.