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Advanced search
Showing 1-10 of 850 results
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Household debt rises to 91.3% of GDP
Reuters, Published on 29/03/2024
» The ratio of household debt to gross domestic product in Thailand rose slightly to 91.3% at the end of 2023 from 91% in September, the Bank of Thailand said on Friday, as the economy slowed.
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Favourable US inflation report cheers investors
Published on 02/03/2024
» RECAP: Most Asian equity markets advanced yesterday, led by Japan, as US stocks reached fresh highs after the Federal Reserve's preferred inflation indicator met consensus forecasts.
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Baht projected to weaken following poor economic figures
Business, Nareerat Wiriyapong, Published on 01/03/2024
» Despite recent appreciation, the baht remains under pressure to weaken and is expected to move in a range of 36-36.50 to the US dollar this month because of weak economic data, high exposure to rising freight costs, and rifts over interest rate cuts, say analysts.
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Thailand records current account deficit of $200 million
Reuters, Published on 29/02/2024
» Thailand recorded a current account deficit of US$0.2 billion in January, after a surplus of $2.1 billion in the previous month, the Bank of Thailand (BoT) said on Thursday.
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UOB Predicts 3.6% Growth for Thailand's Economy
Published on 16/02/2024
» According to UOB, Thailand's economy is expected to start the year slowly as the global economy recovers at a sluggish pace but is poised for a more rapid pickup in the second half of 2024. With a new government, fiscal stimulus packages, sustained tourism recovery, and a rebound in merchandise exports, the bank forecasts Thailand's Gross Domestic Product (GDP) to expand by 3.6 percent this year.
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PM urges action on influx of Chinese goods
Post Reporters, Published on 15/02/2024
» Prime Minister Srettha Thavisin has urged the Revenue and Customs departments to speed up efforts to stop cheap products from China from flooding Thailand’s domestic market, including revoking the value-added tax waiver on Chinese products worth less than 1,500 baht.
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Saudis ‘need higher oil prices to balance budget’
Published on 06/02/2024
» Saudi Arabia will need oil prices to average more than $90 a barrel this year to balance its budget, according to Fitch Ratings, which affirmed the kingdom at the fifth-highest investment grade but warned about its heavy reliance on energy.
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Current account surplus returns in December
Published on 31/01/2024
» Thailand recorded a current account surplus of $2.1 billion in December, reversing a deficit of $1.2 billion in the previous month, the central bank said on Wednesday.
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FPO picks 2.8% growth, as govt ducks 'crisis' tag
News, Phusadee Arunmas, Published on 25/01/2024
» The government has insisted the country's economy is "in bad shape", citing a report on last year's economic expansion and a projection of this year's growth compiled by the Fiscal Policy Office (FPO).
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IMF upgrades Thailand's GDP growth projection for 2024
Business, Somruedi Banchongduang, Published on 24/01/2024
» The International Monetary Fund (IMF) projects Thai GDP growth of 4.4% for this year, up from 2.5% in 2023.
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