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Search Result for “declined”

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GENERAL

Phuket expects B400bn bonanza in 2024

Achadthaya Chuenniran, Published on 25/05/2024

» The Tourism Authority of Thailand (TAT) is confident that tourism revenue in Phuket this year will reach at least 400 billion baht, reporting that more than 3.6 million tourists visited the resort island in the first quarter.

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GENERAL

Exports rebound to record 6.8% growth in April

Business, Phusadee Arunmas, Published on 24/05/2024

» Thai exports rebounded to growth in April, following a sharp 10.9% decline in March, driven by the improving global economy and an easing of the average inflation rate worldwide.

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GENERAL

Thai banks record 1.2% loan growth

Business, Somruedi Banchongduang, Published on 24/05/2024

» The Thai banking industry reported marginal loan growth for the first four months of this year, thanks to tighter loan criteria amid a sluggish economy.

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GENERAL

Baht fundamentals have deteriorated

Business, Published on 23/05/2024

» Uncertainty surrounding the US interest rate trajectory, alongside geopolitical tensions, underpin much of the baht's weakness so far this year. We think the baht will trade sideways and reach 37.50 to the US dollar by year-end once these temporary factors subside.

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GENERAL

China's durian prices drop as Vietnam fills Thai supply gap

South China Morning Post, Published on 22/05/2024

» BEIJING - Durian prices in China - the world's top market for the spiky, pungent fruit typically regarded as a luxury item - have fallen this month as Vietnam gains on Thailand in a heated export rivalry and consumers mind their budgets.

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GENERAL

Cassava exports in Q1 suffer 16.4% decline

Business, Phusadee Arunmas, Published on 22/05/2024

» Thai exports of cassava and cassava products decreased by 16.4% year-on-year in the first quarter, as cassava chip output declined.

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GENERAL

Taiwanese chip giant has ‘invasion defence’ ready

Published on 21/05/2024

» Plans are in place to disable the world’s most sophisticated chipmaking machines in the event that China invades Taiwan, according to people familiar with the matter.

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THAILAND

Embattled Pichit resigns as PM's office minister

Online Reporters, Published on 21/05/2024

» Prime Minister’s Office Minister Pichit Chuenban resigned on Tuesday in the face of mounting pressure from a group of senators seeking a Constitutional Court ruling on his suitability to serve as a cabinet minister.

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THAILAND

Pichit dismisses resignation rumour as Srettha defends appointment

News, Mongkol Bangprapa, Published on 21/05/2024

» PM's Office Minister Pichit Chuenban on Monday dismissed rumours that he had resigned from his post, as the Constitutional Court is set to later this week decide on his fate in a charter violation case lodged by a group of 40 caretaker senators.

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GENERAL

Gearing up for the new economy

Lamonphet Apisitniran, Published on 20/05/2024

» Business challenges have prompted the Federation of Thai Industries (FTI) to come up with new projects, hoping to strengthen local entrepreneurs.