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Search Result for “energy consumption”

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GENERAL

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.

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GENERAL

World Bank cuts Thai growth outlook

Reuters, Published on 14/12/2023

» Thailand's economic growth is expected at 2.5% this year before accelerating to 3.2% in 2024, supported by a recovery in tourism, exports and sustained private consumption, the World Bank said on Thursday.

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WORLD

After the moon, India launches rocket to study the sun

Reuters, Published on 02/09/2023

» BENGALURU - Following the success of India's moon landing, the country's space agency launched a rocket on Saturday to study the sun in its first solar mission.

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BUSINESS

Thailand records current account surplus of $1.3bn

Reuters, Published on 31/03/2023

» Thailand recorded a current account surplus of US$1.3 billion in February, after a revised deficit of $2.1 billion in the previous month, the Bank of Thailand (BoT) said on Friday.

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BUSINESS

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.

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BUSINESS

Monetary tightening faces challenges - Bank of Thailand

Reuters, Published on 08/02/2023

» Thailand's rate committee stuck by a pledge that monetary tightening would be gradual and measured, but noted it could be adjusted should the growth and inflation outlook shift from assessments, minutes of the meeting showed on Wednesday.

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BUSINESS

Economy may grow 4% on tourism - minister

Reuters, Published on 01/02/2023

» Thailand's economy could grow as much as 4% this year, which would be the fastest rate in five years, bolstered by a rebound in the tourism sector and increased domestic consumption, Deputy Prime Minister and Energy Minister Supattanapong Punmeechaow said on Wednesday.

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BUSINESS

Economy still in recovery in August on tourism rebound

Reuters, Published on 30/09/2022

» Thailand’s economy was still on a path to recovery in August on rebounding tourism and domestic demand, which would continue to support economic activity, the Bank of Thailand (BoT) said on Friday.

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BUSINESS

Finance Ministry keeps 2022 growth outlook at 3.5%, sees 4% in 2023

Reuters, Published on 26/07/2022

» The Finance Ministry on Tuesday said it sees economic growth of 4% next year, and maintained its 2022 growth forecast at 3.5%, underpinned by increased domestic consumption, tourism and exports, despite higher inflation.

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BUSINESS

Asia braces for growth hit from Ukraine-driven inflation shock

Reuters, Published on 09/03/2022

» An oil-driven inflation shock triggered by the war in Ukraine is forcing Asia's policymakers to rethink their assumptions for 2022, with the risks of weak growth coupled with surging prices adding unwanted complexity to monetary setting plans.