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Search Result for “growth forecast”

Showing 1 - 10 of 8,866

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GENERAL

Chinese outbound travel recovery lags due to costs, visa snags

Published on 17/06/2024

» BEIJING/SHANGHAI: A recovery in Chinese overseas travel from the Covid-19 pandemic is fading as rising costs and difficulties in securing visas cement a preference for local and short-haul destinations.

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MOTORING

Addressing the skills gap

Published on 17/06/2024

» Recent decisions by two Japanese automakers to close their plants in Thailand affect the country's standing as a leading global car producer, once dubbed the "Detroit of Asia".

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GENERAL

Analysts predict Thai rates likely to stay put

Business, Nareerat Wiriyapong, Published on 14/06/2024

» Analysts are ruling out the possibility the Bank of Thailand will cut interest rates this year after the US Federal Reserve sent clear signals it would trim the US rate only once in 2024, followed by four more cuts next year.

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GENERAL

PM: New inflation target should increase rate-cut odds

Published on 13/06/2024

» An upcoming review of the country’s inflation target range by the Bank of Thailand and the Ministry of Finance should increase the chance of an interest-rate cut, Prime Minister Srettha Thavisin said on Thursday.

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GENERAL

MPC votes 6-1 to keep policy rate

Business, Somruedi Banchongduang, Published on 13/06/2024

» Thailand's GDP growth rate could potentially reach 3% this year, contingent on the disbursement of the fiscal budget and the implementation of the digital wallet scheme this year, according to the central bank.

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INVESTMENT

Traders forecast further gains for gold

Business, Nuntawun Polkuamdee, Published on 10/06/2024

» YLG Bullion International recommends investors accumulate gold amid ongoing price consolidation as gold traders believe prices will rise in the medium to long term, particularly after the Federal Reserve cuts interest rates in the second half of this year.

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GENERAL

Consumer prices increase for second straight month in May

Business, Phusadee Arunmas, Published on 10/06/2024

» The Consumer Price Index (CPI) rose in May for a second straight month, up 1.54% from a year earlier, the highest level in 13 months and forecast to continue gaining slowly in June.

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GENERAL

Index might keep trading sideways

Business, Published on 08/06/2024

» The downtrend on the Stock Exchange of Thailand persisted in May, despite a temporary rebound when the SET index briefly surpassed 1,370 points early in the month. The index peaked at 1,389 points before pulling back below 1,370. Among the key factors expected to influence trading going forward:

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THAILAND

Srettha looks to boost state coffers, optimistic about Q4

News, Mongkol Bangprapa, Published on 06/06/2024

» The government is considering ways to boost state revenue as Prime Minister Srettha Thavisin is confident the economy will improve in the fourth quarter.

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GENERAL

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.