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Search Result for “baht”

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BUSINESS

Baht down ahead of policy decision

Reuters, Published on 25/01/2023

» Asian emerging markets trickled back to life on Wednesday after the Lunar New Year holiday, with the baht dipping ahead of a central bank policy rate decision, while Singapore shares hit a near nine-month high ahead of inflation data.

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BUSINESS

Thailand beats 2022 tourism target with 11.15m arrivals

Reuters, Published on 24/01/2023

» Thailand received 11.15 million foreign visitors in 2022, a surge from just about 428,000 the previous year when broad travel curbs were in place, tourism ministry data showed on Tuesday.

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BUSINESS

Lunar New Year spending seen at 3-yr high

Reuters, Published on 19/01/2023

» Thailand's consumer spending over the Lunar New Year period could rise 13.6% to 45 billion baht (US$1.36 billion), a three-year high, as the economy recovers and China's border reopening bolsters tourism, a university survey showed on Thursday.

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BUSINESS

Consumer confidence at 25-month high in Dec

Reuters, Published on 12/01/2023

» Thai consumer confidence rose for a seventh straight month in December, reaching a 25-month high, boosted by improved economic activity and higher foreign tourist arrivals, a survey showed on Thursday.

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BUSINESS

Headline CPI up 5.89%, in line with forecast

Reuters, Published on 05/01/2023

» Thailand's headline consumer price index (CPI) rose 5.89% in December from a year earlier, in line with analyst forecasts, but above the previous month driven by higher energy and food prices, government data showed on Thursday.

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BUSINESS

New Year spending seen at 3-year high - UTCC

Reuters, Published on 22/12/2022

» Thailand's consumer spending during the New Year could reach a three-year high of 103 billion baht (US$2.97 billion) as the economy continues to recover from the impacts of the Covid-19 pandemic, the president of the University of the Thai Chamber of Commerce (UTCC) said on Thursday.

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BUSINESS

Govt approves tax break to boost public consumption

Reuters, Published on 20/12/2022

» The cabinet on Tuesday approved a tax measure to help boost public consumption starting in January to support the economy as it recovers, a government spokesperson said on Tuesday.

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BUSINESS

Consumer confidence at 20-month high in November

Reuters, Published on 08/12/2022

» Thai consumer confidence rose for a sixth straight month in November, reaching a 20-month high, boosted by improved economic activity following the easing of Covid-19 curbs and higher foreign tourist arrivals, a survey showed on Thursday.

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BUSINESS

Bank of Thailand raises key interest rate

Reuters, Published on 30/11/2022

» The Bank of Thailand (BoT) raised its key interest rate by 25 basis points for a third straight meeting on Wednesday, as it tries to contain above-target inflation while supporting an economic recovery facing increasing global headwinds.

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BUSINESS

Cabinet approves transaction tax on securities trades

Reuters, Published on 29/11/2022

» The cabinet on Tuesday approved a financial transaction tax on securities trades on the Stock Exchange of Thailand (SET), ending a three-decade waiver, Deputy Finance Minister Santi Promphat said on Tuesday.