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GENERAL

Spending mood upbeat ahead of holiday

Business, Phusadee Arunmas, Published on 06/02/2024

» Spending among Thai residents during the Chinese New Year festival, which starts on Thursday this week, is expected to reach the highest level in 11 years thanks to the country's economic recovery after the pandemic.

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GENERAL

BLA targets B10bn in 1st-year premiums

Business, Molpasorn Shoowong, Published on 06/02/2024

» SET-listed Bangkok Life Assurance (BLA) is aiming to achieve first-year premiums of 10 billion baht by the end of 2026 by focusing on agent channels amid fierce competition in the industry.

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GENERAL

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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GENERAL

IMF says ‘soft landing’ for economy in sight

Published on 30/01/2024

» JOHANNESBURG - The International Monetary Fund on Tuesday lifted its forecast for global economic growth, upgrading the outlook for both the United States and China — the world’s two largest economies — and citing faster-than-expected easing of inflation.

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GENERAL

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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GENERAL

Central bank chief says economy not in crisis

Published on 23/01/2024

» Economic growth will be slower than expected this year but the current state of the Thai economy is not a “crisis”, Bank of Thailand governor Sethaput Suthiwartnarueput said on Tuesday.

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GENERAL

Service sector to liberalise

Business, Phusadee Arunmas, Published on 22/01/2024

» The Commerce Ministry looks set to liberalise 10 service businesses this year, such as telecom services, treasury centres and currency exchange businesses.

GENERAL

India asks Thailand to invest in fishing, tourism in Andaman, Nicobar islands

Poramet Tangsathaporn, Published on 21/01/2024

» India is inviting Thailand to invest in its fishing and tourism sector in the Andaman and Nicobar islands.

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GENERAL

China widens South America trade highway

Published on 20/01/2024

» CHANCAY, Peru - In September, a group of Brazilian farmers and officials arrived in the Peruvian fishing town of Chancay. The draw: a new Chinese mega-port rising on the Pacific coast, promising to turbocharge South America’s trade ties with China.

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GENERAL

Lazada chief set for exit

Business, Suchit Leesa-nguansuk, Published on 20/01/2024

» Lazada Thailand is planning to replace its chief, according to a source close to the e-marketplace operator who requested anonymity.