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GENERAL

Asian stocks hit 9-month lows

Reuters, Published on 17/08/2023

» SINGAPORE - Asian shares slid to nine-month lows on Thursday, while the dollar was at two-month peak as fears over China's sluggish economic recovery and concerns that the Federal Reserve may still raise interest rates rattled investors.

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GENERAL

China stops releasing youth job stats as economic data disappoints

AFP, Published on 15/08/2023

» BEIJING - China on Tuesday said it would suspend the release of youth unemployment rates, as its central bank cut a key interest rate to boost flagging growth.

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GENERAL

Consumer confidence drops for first time in 14 months

Reuters, Published on 11/08/2023

» Thai consumer confidence declined for the first time in 14 months in July, dented by concerns over persistent political uncertainty after elections were held in May, and a slow economic recovery, a survey showed on Friday.

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GENERAL

Exports of jewellery, gems set to grow by 10%

Business, Phusadee Arunmas, Published on 09/08/2023

» Prospects for Thailand's gems and jewellery exports remain promising this year, boosted by several positive factors including an upswing in prices of silver jewellery and robust demand for solid gemstones like rubies and sapphires.

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GENERAL

Taking retail to the next level

Business, Published on 07/08/2023

» The local retail industry is adopting new technologies for a new shopping experience and to power their operations, according to executives of retail and tech companies.

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GENERAL

Bank of Thailand foresees further budget delay

Business, Somruedi Banchongduang, Published on 03/08/2023

» The Bank of Thailand expects the fiscal 2023 budget disbursement to be delayed by one more quarter than its previous assessment of one quarter, mainly due to the delay in the formation of the new government.

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GENERAL

Central bank lifts key rate to 9-year high

Bloomberg News, Published on 02/08/2023

» The Bank of Thailand raised its key interest rate to a nine-year high on Wednesday, amid concerns about upside risks to prices.

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GENERAL

Official jobless rate steady at 1.1%

Published on 01/08/2023

» The country’s official jobless rate was 1.1% in the second quarter, little changed from 1.05% in the previous quarter, with employment rising as the economy recovered, the government said on Tuesday.

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GENERAL

Phuket plans to ease reliance on tourism

News, Achadthaya Chuenniran, Published on 01/08/2023

» PHUKET: The resort island province is working on a plan to develop itself into a "New Economy" less reliant on tourism for its survival.

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GENERAL

Thailand's economy on recovery path as tourism rises

Published on 31/07/2023

» BANGKOK: Thailand's economic recovery remained on track in June as the tourism sector expanded in line with higher foreign tourist arrivals while exports declined, the central bank said on Monday.