Showing 1 - 10 of 163
Government Savings Bank in joint venture to tackle household debt
Reuters, Published on 29/05/2024
» The Government Savings Bank (GSB) has formed a joint venture with Bangkok Commercial Asset Management to tackle household debt, the state-owned lender said on Wednesday.
Factory output falls for 18th consecutive month
Reuters, Published on 30/04/2024
» The manufacturing production index dropped 5.13% in March from a year earlier, falling for the 18th consecutive month, the Industry Ministry said on Tuesday, missing analysts' expectations.
Household debt rises to 91.3% of GDP
Reuters, Published on 29/03/2024
» The ratio of household debt to gross domestic product in Thailand rose slightly to 91.3% at the end of 2023 from 91% in September, the Bank of Thailand said on Friday, as the economy slowed.
Central bank: Rate cuts not a quick fix for sluggish economy
Reuters, Published on 15/01/2024
» Thailand's "uneven" economic recovery cannot be fixed only by adjusting interest rates, the central bank said on Monday, hitting back at the government's calls to ease monetary policy to help revive sluggish activity.
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.
Q3 GDP up 1.5% y/y, below forecast
Reuters, Published on 20/11/2023
» Thailand's economy expanded at a slower-than-expected pace in the third quarter, weighed down by weak exports and agriculture but supported by consumption and the continued recovery in tourism, the state planning agency said on Monday.
Factory output falls 6.1%, more than forecast
Reuters, Published on 31/10/2023
» Thailand's manufacturing production index (MPI) in September fell 6.06% from a year earlier, the Industry Ministry said on Tuesday, as exports are weak amid soft global demand.
Sri Lanka approves free tourist visa for Thailand, 6 other countries
Reuters, Published on 24/10/2023
» COLOMBO - Sri Lanka's cabinet approved issuing free tourist visas to visitors from seven countries including China, India and Russia, a statement issued by the media ministry said on Tuesday, to boost tourism and help revive its crisis-hit economy.
Economic recovery intact, financial conditions tight - central bank
Reuters, Published on 11/10/2023
» The Bank of Thailand (BoT) will focus more on the broader economic outlook when setting monetary policy to ensure a sustainable economic recovery, not short-term data, senior officials said on Wednesday.
Rates pause appropriate for now - central bank chief
Reuters, Published on 29/09/2023
» Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on Friday it was appropriate to pause interest rates for now and keep them at a neutral level, following an unexpected hike this week designed to anchor inflation, which remained a concern going forward.