Showing 1 - 10 of 187
Govt plans to increase budget by B122bn to fund handout scheme
Reuters, Published on 20/05/2024
» The government is seeking to increase the 2024 fiscal budget by 122 billion baht to fund its signature handout scheme, its Budget Bureau chief said on Monday, only a month after a delayed 3.48 trillion baht budget was passed.
China's exports and imports return to growth
Reuters, Published on 09/05/2024
» BEIJING: China's exports and imports returned to growth in April after contracting in the previous month, customs data showed on Thursday, signalling an encouraging improvement in demand at home and overseas in a boost to a shaky economic recovery.
Central bank intervenes to steady baht
Reuters, Published on 24/04/2024
» The Bank of Thailand (BoT) says it has intervened in currency markets at times to ease any excessive moves in the baht, adding that the current policy rate is robust and conducive to economic recovery.
Keeping rate steady creates policy optionality - central bank
Reuters, Published on 24/04/2024
» Thailand's current policy interest rate settings were robust and can handle future risks to the economy, the central bank said on Wednesday, amid continued pressure from the government to lower borrowing costs and help jumpstart sluggish growth.
Central bank's independence must not overlook people's suffering: PM
Reuters, Published on 11/04/2024
» Prime Minister Srettha Thavisin said on Thursday that an interest rate cut by the Bank of Thailand (BoT) would have been good for the Thai economy, in response to the bank’s decision to hold interest rates steady.
Exports up 3.6%, below forecast
Reuters, Published on 26/03/2024
» Thailand’s exports rose for the seventh straight month in February, but at a much slower pace, missing analysts’ forecasts, as shipments to China and Japan contracted.
Dec factory output drops 6.27% y/y, more than forecast
Reuters, Published on 31/01/2024
» Thailand's manufacturing production index in December fell 6.27% from a year earlier as car production output declined, the Industry Ministry said on Wednesday.
Srettha insists economy in 'crisis', pledges more stimulus
Reuters, Published on 24/01/2024
» Prime Minister Srettha Thavisin said on Wednesday he believes Thailand's economy is in crisis, adding the government would roll out stimulus measures in addition to handouts to boost growth.
Central bank: Rate cuts not a quick fix for sluggish economy
Reuters, Published on 15/01/2024
» Thailand's "uneven" economic recovery cannot be fixed only by adjusting interest rates, the central bank said on Monday, hitting back at the government's calls to ease monetary policy to help revive sluggish activity.
China's investments to Vietnam boom as Xi visits Hanoi, US spending down
Reuters, Published on 08/12/2023
» HANOI - Chinese investments in Vietnam have boomed this year in contrast to a slowdown in spending and trade in the United States, official data show, as the world's two largest economies vie for influence in the strategic Southeast Asian country.