Showing 1 - 10 of 42
Inflation up in August, below forecast
Reuters, Published on 05/09/2024
» Thailand's annual headline inflation rate slowed in August, as food prices rose and energy prices fell, the Commerce Ministry said on Thursday, and remained below the Bank of Thailand's (BoT) target range of 1% to 3%.
World Bank cuts Thai outlook to 2.4% on weaker exports
Reuters, Published on 03/07/2024
» Thailand's economy is expected to grow 2.4% this year, down from the 2.8% expansion projected in April, largely due to weaker-than-expected exports and public investment early in the year, the World Bank said on Wednesday.
Bank of Thailand to adjust rates amid changes: deputy chief
Reuters, Published on 23/04/2024
» WASHINGTON/BANGKOK: The Bank of Thailand (BoT), under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, BoT deputy governor Alisara Mahasandana said.
Handout scheme ‘unlikely’ to start in May
Reuters, Published on 17/01/2024
» The government is set to delay the launch of a controversial 500-billion-baht digital wallet handout scheme until after May, in a setback for Prime Minister Srettha Thavisin, who has been touting the policy as essential in boosting a sluggish economy.
Consumer confidence near 4-year high
Reuters, Published on 11/01/2024
» Thai consumer confidence rose in December, reaching the highest level in 46 months, boosted by government measures to ease living costs and increased tourism, a survey showed on Thursday.
Economy may face future inflation risk - Bank of Thailand
Reuters, Published on 04/10/2023
» Thailand's economic recovery is intact but inflation risks could weigh on the country's growth outlook, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on Wednesday.
KBank in talks to buy Vietnam lender in up to $1bn deal
Reuters, Published on 23/08/2023
» HANOI/SINGAPORE - Thailand's second-biggest lender Kasikornbank (KBank) is in talks to buy consumer finance provider Home Credit Vietnam in a deal worth up to US$1 billion that would further its push to expand in Vietnam, two sources said.
25m-30m foreign arrivals expected - tourism minister
Reuters, Published on 09/03/2023
» Thailand is expecting to receive between 25 million and 30 million foreign visitors this year as its crucial travel sector rebounds, its Tourism and Sports Minister Phiphat Ratchakitprakarn said on Thursday.
Inflation seen falling further - Arkhom
Reuters, Published on 08/03/2023
» Inflation in Thailand is expected to fall further and return to the Bank of Thailand’s (BoT) target range of 1% to 3% this year, helped by support measures, Finance Minister Arkhom Termpittayapaisith said on Wednesday.
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.