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Search Result for “contraction”

Showing 1 - 10 of 3,457

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GENERAL

K-Research puts GDP growth at 1.2%

Business, Nareerat Wiriyapong, Published on 18/07/2025

» GDP growth this year could be as low as 1.2% or even less if the government fails to clinch a deal with the US that ensures the reciprocal tariff is competitive with those granted to neighbouring countries, said Kasikorn Research Centre (K-Research).

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GENERAL

Bank of Thailand insists there are no signs of deflation

Business, Somruedi Banchongduang, Published on 11/07/2025

» Amid mounting concerns from economists about potential deflationary trends, the Bank of Thailand maintains there are no clear signs of deflation, despite persistently low inflation.

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GENERAL

Thai central bank sees 18 months of sub-2% growth

Business, Somruedi Banchongduang, Published on 10/07/2025

» The Bank of Thailand has assessed the Thai economy is likely to grow at a rate of less than 2% over the next 18 months, primarily due to pressures from US tariff policies.

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GENERAL

Thai household debt dips again

Published on 07/07/2025

» Household debt in Thailand has declined for five consecutive quarters, falling to 87.4% of GDP in the first quarter of 2025, reflecting weaker loan demand from borrowers and stricter lending standards from financial institutions.

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MOTORING

Thai auto sector showing signs of recovery, minister says

Published on 05/07/2025

» Encouraging signs are emerging in Thailand’s industrial sector, particularly in automotive manufacturing, which is showing a strong recovery after a prolonged contraction, according to Deputy Finance Minister Paopoom Rojanasakul.

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MOTORING

China's intense EV rivalry tests Thailand's local production goals

Published on 04/07/2025

» Hyper-competition in China's electric vehicle sector is spilling over to its biggest market in Asia, Thailand, as smaller players struggle to compete with dominant BYD, putting ambitious local production plans at risk.

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GENERAL

Firms call for calm amid political tumult

Business, Wichit Chantanusornsiri, Published on 03/07/2025

» Three major private sector groups have expressed growing concern over political instability, urging the government to ramp up efforts to rebuild trust and confidence among the public and businesses.

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GENERAL

Bank of Thailand leaves key rate unchanged

Published on 25/06/2025

» The Bank of Thailand left its key interest rate unchanged on Wednesday after two consecutive reductions, as it seeks to preserve limited policy space to support the economy, which is expected to slow in the near future.

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PROPERTY

Primo taking steps to expand its portfolio

Business, Kanana Katharangsiporn, Published on 25/06/2025

» Primo Service Solutions Plc, a property management service provider listed on the Market for Alternative Investment, is broadening its scope to include non-residential properties and projects outside those of its parent company, Origin Property Plc, as demand in the housing sector moderates.

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GENERAL

Candidates vie for post of governor

Business, Published on 17/06/2025

» The Bank of Thailand is preparing to welcome a new governor as the incumbent, Sethaput Suthiwartnarueput, is scheduled to complete his term on Sept 30, 2025. The selection process for this crucial role is highly anticipated, given the significant economic challenges facing Thailand and the importance of central bank leadership in shaping monetary policy and financial stability.