Showing 1 - 10 of 2,911
Factory closures a growing concern
Business, Somruedi Banchongduang, Published on 12/06/2024
» Kiatnakin Phatra Financial Group (KKP) has expressed growing concern over the weakening of Thailand's manufacturing sector after a surge in factory closures.
Thailand aiming for at least 3% growth this year, more tourists
Published on 10/06/2024
» Thailand is aiming to achieve at least 3% economic growth this year and seeks to attract more foreign tourists and accelerate public and private investment, Finance Minister Pichai Chunhavajira said on Monday.
Maybe not so united
Published on 08/06/2024
» Some critics are beginning to suspect the populist programme may not see the light of day and that the ruling Pheu Thai Party, ironically, may not be all that upset if the axe falls on it.
Panel says export growth may miss target
Business, Somruedi Banchongduang, Published on 06/06/2024
» A private sector panel predicts that Thai export growth may fall short of its target this year because of challenges from both external and internal factors.
Economy in need of revival
Business, Published on 03/06/2024
» Following a disappointing GDP expansion reading of only 1.5% in the first quarter, trailing other economies in the region, the Thai government plans to pick up the pace to stimulate economic growth.
Leave no farmer behind
News, Editorial, Published on 03/06/2024
» Prime Minister Srettha Thavisin recently launched an initiative aimed at transforming Thailand, already a major food exporter, into a global agriculture hub. Such an ambition is not new for the government, but the plan faces numerous challenges.
GSB and BAM Form 1 Billion Baht Debt Relief Venture
Published on 31/05/2024
» Government Savings Bank (GSB) has partnered with Bangkok Commercial Asset Management (BAM) to establish a joint venture, ARI Asset Management Co., Ltd. (ARI-AMC), with a capital investment of 1 billion baht. ARI-AMC will purchase and transfer non-performing loans (NPLs) from GSB over the course of three quarters in the fiscal year 2024, providing assistance to over 500,000 accounts of small and medium-sized enterprise (SME) debtors and credit card debtors.
Manufacturing stagnant amid growing climate risks
Business, Lamonphet Apisitniran, Published on 31/05/2024
» Thailand's Manufacturing Production Index (MPI) is expected to remain flat or gain 1% year-on-year in 2024, with climate change among the risks threatening to affect the sector, says the Office of Industrial Economics (OIE).
Credit bureau chief clarifies changes to blacklist rules
Business, Somruedi Banchongduang, Published on 31/05/2024
» The National Credit Bureau (NCB) says it has the authority to reduce the time bad debtors remain on its credit blacklist, currently eight years, with the decision resting with the Committee for the Protection of Credit Information.
Central bank says current inflation goal 'appropriate'
Bloomberg News, Published on 30/05/2024
» The Bank of Thailand (BoT) defended its goal to keep inflation within a band of 1% to 3% as "appropriate" for the prevailing economic conditions, after the government sought a review over concerns the current target may be too low.