Showing 41 - 50 of 1,135
Inflation drops for fifth month in a row in February
Business, Phusadee Arunmas, Published on 06/03/2024
» Headline inflation in February decreased by 0.77% year-on-year, the fifth consecutive month of declines, attributed to lower prices of fresh food, especially meat and fresh vegetables, as well as government subsidies for electricity and fuel.
TOA: Spearheading Sustainable Growth Beyond Paint in 2024
Published on 01/03/2024
» In January 2024, Thailand's economy presented a nuanced picture of recovery and challenge, as per the latest report from the Bank of Thailand. Amidst a global landscape marked by fluctuating demand and geopolitical tensions, the nation experienced a modest uplift in its economic activities, though the path to robust expansion remains complex.
Cash gifts, free milk raise risks to Thailand, Indonesia ratings
Bloomberg News, Published on 27/02/2024
» JAKARTA/BANGKOK - Southeast Asia’s new leaders risk blowing past budget constraints to make good on costly campaign promises of cash handouts and free lunches, increasing the risks to their prized investment-grade ratings.
Ministry to 'transform' oil prices
Yuthana Praiwan, Published on 26/02/2024
» The state's previous policy to fix the domestic prices of all types of oil will be brought back into use again to help people better avoid daily oil price fluctuations, according to Energy Minister Pirapan Salirathavibhaga's recent interview with a television programme.
New incentives put focus on trucks
Business, Phusadee Arunmas, Published on 22/02/2024
» The National Electric Vehicle Policy Committee (EV Board) on Wednesday approved incentives to motivate companies to transition their commercial fleets of large trucks and buses to battery electric vehicles (BEVs).
BoT chief rules out emergency rate meeting
Published on 21/02/2024
» Bank of Thailand Governor Sethaput Suthiwartnarueput sees no need for an emergency meeting to cut interest rates, reiterating that the problems weighing on the domestic economy won’t be solved by reversing monetary policy.
UOB Predicts 3.6% Growth for Thailand's Economy
Published on 16/02/2024
» According to UOB, Thailand's economy is expected to start the year slowly as the global economy recovers at a sluggish pace but is poised for a more rapid pickup in the second half of 2024. With a new government, fiscal stimulus packages, sustained tourism recovery, and a rebound in merchandise exports, the bank forecasts Thailand's Gross Domestic Product (GDP) to expand by 3.6 percent this year.
Thai officials eye rejig of gas supply business model
Business, Yuthana Praiwan, Published on 10/02/2024
» The Energy Ministry plans to lower electricity generation costs by restructuring the gas supply business model for power generation over the long term, which alters the power tariff.
SET index rises amid signs of interest rate cut
Nareerat Wiriyapong, Published on 08/02/2024
» The Stock Exchange of Thailand (SET) index rose above 1,400 points on Wednesday as investors believe the Bank of Thailand issued a clear sign it is ready to cut interest rates later this year to shore up the economy, after it held rates unchanged at its meeting.
Panel likely to maintain policy rate
Business, Somruedi Banchongduang, Published on 07/02/2024
» The Bank of Thailand is expected to maintain its policy rate at Wednesday's Monetary Policy Committee (MPC) meeting, while the central bank will trim its 2024 growth projections in line with a slower growth trajectory.