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Search Result for “sluggish economy”

Showing 1 - 10 of 2,392

GENERAL

Loxley unit says upcountry stores may suffer amid dip

Business, Kuakul Mornkum, Published on 01/06/2024

» Thailand's economic downturn could cause some retail stores in the provinces to shutter, according to Loxley Trading, a consumer goods distribution arm of trading conglomerate Loxley Plc.

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GENERAL

Eveandboy sees cosmetics sales upswing

Business, Kuakul Mornkum, Published on 29/05/2024

» Eveandboy, a Thai cosmetics and perfume retailer, says the domestic beauty market looks promising as shoppers become more sophisticated about their appearance amid a stagnant economy.

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GENERAL

An alternative path to growth

Business, Published on 27/05/2024

» Newly appointed Finance Minister Pichai Chunhavajira is taking a less hostile stance towards the Bank of Thailand than the premier, aiming to better coordinate fiscal and monetary policies.

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GENERAL

Economic stimuli in the works

Mongkol Bangprapa, Published on 27/05/2024

» A number of short-term economic stimulus measures will be tabled at a meeting of ministers in charge of the economy called by Prime Minister Srettha Thavisin on Monday, in an effort to boost the country's lacklustre economic performance in the first quarter of the year.

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MOTORING

2024 car output target could be trimmed

Lamonphet Apisitniran, Published on 24/05/2024

» The country's car manufacturing target for 2024 may be downgraded as production continues to dip, with a sluggish economy affecting car sales, according to the Federation of Thai Industries (FTI).

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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

TCL banks on premium market

Business, Kuakul Mornkum, Published on 23/05/2024

» TCL Electronics, a Chinese electrical appliance manufacturer, seeks to target the premium market as spending by middle to upper-income customers is unaffected by the economic slowdown, as it plans to build an air conditioner factory in Thailand.

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THAILAND

PM warns of recession risk, seeks new ideas

Mongkol Bangprapa, Published on 22/05/2024

» The economy is not safe from the risk of a recession amid slow GDP growth, high household debt and burgeoning bad loans, Prime Minister Srettha Thavisin said on Wednesday.

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INVESTMENT

Measures lined up to revive stock market

Business, Nuntawun Polkuamdee, Published on 21/05/2024

» Three capital market organisations will meet on Tuesday to reach a final conclusion on the tax-deductible funds they want to propose to the Finance Ministry, hoping to revive investments in good fundamental stocks in the Thai stock market.

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GENERAL

BAM eager to keep lead in distressed assets sector

Business, Somruedi Banchongduang, Published on 18/05/2024

» Bangkok Commercial Asset Management (BAM), Thailand's largest asset management company, set an ambitious goal for bad asset management over the next few years in a bid to address the burden of distressed debts within the banking industry.