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Search Result for “thailand economic”

Showing 1 - 10 of 579

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MOTORING

Suzuki to stop making cars in Thailand to focus on EV shift

Bloomberg News, Published on 07/06/2024

» Suzuki Motor Corp will halt production of cars and trucks in Thailand by the end of next year to focus resources on producing electric and hybrid vehicles elsewhere, the company said Friday.

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GENERAL

Government seeks tighter grip on central bank after clash

Bloomberg News, Published on 05/06/2024

» Prime Minister Srettha Thavisin's administration is discussing ways to exert more control over the Bank of Thailand (BoT) after repeatedly clashing with the monetary authority on economic policy, according to people familiar with the matter.

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GENERAL

Central bank says current inflation goal 'appropriate'

Bloomberg News, Published on 30/05/2024

» The Bank of Thailand (BoT) defended its goal to keep inflation within a band of 1% to 3% as "appropriate" for the prevailing economic conditions, after the government sought a review over concerns the current target may be too low.

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GENERAL

Central bank rate decision puts spat with PM in spotlight

Bloomberg News, Published on 09/04/2024

» As the Bank of Thailand (BoT) prepares to review monetary policy settings on Wednesday, investors will be watching for any sign that Prime Minister Srettha Thavisin’s relentless campaign for rate cuts is influencing the central bank.

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WORLD

Biden, Xi discuss AI risks, Russia and fentanyl

Bloomberg News, Published on 03/04/2024

» WASHIGTONG - United States President Joe Biden and Chinese leader Xi Jinping spoke by telephone on Tuesday, their first one-on-one communication since meeting in California last November.

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GENERAL

Govt eyes $15bn investment after PM's global pitch

Bloomberg News, Published on 27/03/2024

» The government said it expects to garner at least US$15 billion (546 billion baht) in foreign direct investment in the next three years as Prime Minister Srettha Thavisin's trips around the world to woo electric vehicle (EV) makers and technology companies start to yield results.

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INVESTMENT

Thai stock exodus deepens amid corporate woes

Bloomberg News, Published on 27/03/2024

» A market revival for Thailand just is not coming.

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GENERAL

Srettha poised to step aside as finance minister

Bloomberg News, Published on 13/03/2024

» Prime Minister Srettha Thavisin will relinquish his role as finance minister, according to a media report, a change that may ease tension with Bank of Thailand (BoT) over monetary policy.

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GENERAL

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.

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GENERAL

Move Forward slams Srettha for public feud with central bank

Bloomberg News, Published on 23/02/2024

» The public sparring between Prime Minister Srettha Thavisin and Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput on monetary policy risks undermining the institution's independence and poses a threat to credit ratings, according to the opposition Move Forward Party (MFP).