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BUSINESS

GDP growth of 4% still possible next year despite Omicron - FinMin

Reuters, Published on 23/12/2021

» Thailand's economy should still be able to achieve growth of 4% next year, despite uncertainty over the spread of the Omicron coronavirus variant, the finance minister said on Thursday.

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BUSINESS

World Bank keeps Thai growth outlook at 1% this year, sees better 2022

Reuters, Published on 14/12/2021

» Thailand's economy is still expected to grow 1% this year due to the impact of a coronavirus outbreak, but growth is expected to accelerate to 3.9% next year, driven by a recovery in service sector activity, the World Bank said on Tuesday.

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WORLD

Indonesia bolsters recovery efforts after volcano kills 34

Reuters, Published on 07/12/2021

» JAKARTA: Indonesian President Joko Widodo promised on Tuesday to bolster evacuation efforts and repair damaged homes after visiting the site of a volcanic eruption on Java that has killed at least 34 people.

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WORLD

US caps year of drills to deter China with 10-day military exercise

Reuters, Published on 30/11/2021

» USS CARL VINSON: The United States on Tuesday completed ten days of joint military drills in Asian waters with Japan and other allies as it ups the ante on deterring China from pursuing its territorial ambitions amid growing tension in the region over Taiwan.

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BUSINESS

2021 exports expected to grow 17%, most in 12 years - Arkhom

Reuters, Published on 29/11/2021

» Thai exports are expected to grow 17% this year, the highest growth rate in 12 years, the country's finance minister Arkhom Termpittayapaisith said on Monday.

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WORLD

Indonesia's defence minister says 'understands, respects' AUKUS pact

Reuters, Published on 22/11/2021

» Indonesia's defence minister has said his country understands the reasons behind the United States, Australia and Britain establishing the AUKUS security agreement, though at a forum at the weekend repeated concerns about an arms race in the region.

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BUSINESS

Q3 unemployment at 16yr high

Reuters, Published on 22/11/2021

» Unemployment hit a more than 16-year high in the third quarter, as tougher coronavirus restrictions hit economic activity and jobs, the state planning agency said on Monday.

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BUSINESS

Economy to recover only in H2 2022 - survey

Reuters, Published on 16/11/2021

» The economy is expected to recover only in the second half of next year despite the opening up of the tourism sector as people are concerned about new waves of coronavirus infections, a university survey showed on Tuesday.

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WORLD

Fire at Indonesia's Pertamina refinery complex extinguished

Reuters, Published on 14/11/2021

» JAKARTA: A fire at Pertamina's refinery complex in Cilacap, Central Java province, has been fully extinguished without disrupting production activity, the chief executive of the Indonesian energy company said on Sunday.

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BUSINESS

Bank of Thailand relaxes banks' dividend payment policy

Reuters, Published on 11/11/2021

» The Bank of Thailand (BoT) on Thursday relaxed a dividend payment policy for banks, saying they remained strong with adequate loan loss provisions and capital to withstand a high level of uncertainty ahead.