Showing 1 - 10 of 10
World Bank cuts Thai outlook to 2.4% on weaker exports
Reuters, Published on 03/07/2024
» Thailand's economy is expected to grow 2.4% this year, down from the 2.8% expansion projected in April, largely due to weaker-than-expected exports and public investment early in the year, the World Bank said on Wednesday.
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.
Dollar firm after Fed comments; yen under close watch
Reuters, Published on 28/03/2024
» TOKYO: The U.S. dollar received a boost against major currency peers on Thursday, as a Federal Reserve official said he wasn't in a hurry to cut rates amid sticky inflation, and as traders braced for key economic data.
Consumer confidence at 48-month high
Reuters, Published on 07/03/2024
» Thai consumer confidence rose in February, reaching the highest level in 48 months, bolstered by government support measures and tourism, a survey showed on Thursday.
Consumer confidence at 47-month high
Reuters, Published on 13/02/2024
» Thai consumer confidence rose in January to reach the highest level in 47 months, bolstered by government stimulus measures and tourism, a survey showed on Tuesday.
Myanmar central bank to no longer set forex rates
Reuters, Published on 06/12/2023
» Myanmar's central bank will no longer set exchange rates for foreign currencies and will allow banks and licensed dealers to decide their own rates, state media reported on Wednesday, in a rare easing of some of its tight controls.
Srettha says Thai economy in crisis, needs major stimulus
Reuters, Published on 23/11/2023
» Prime Minister and Finance Minister Srettha Thavisin said on Thursday that Thailand's economy was in crisis, stressing the need to forge ahead with his government's controversial 500 billion baht (US$14.23 billion) digital handouts policy.
Baht tumbles to 10-month low, hurt by high oil prices
Reuters, Published on 20/09/2023
» The baht fell to a 10-month low on Wednesday, while stocks and bonds also slid under foreign selling pressure, with investors worried that high oil prices and government spending plans would widen the country’s current account deficit.
Recovery intact, but some weak spots - Bank of Thailand
Reuters, Published on 23/08/2023
» Thailand's economic recovery is intact but tourism spending and exports - key drivers of growth - were weaker than expected, according to Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput.
Finance trims GDP growth forecast to 3.5% this year
Reuters, Published on 26/07/2023
» The Finance Ministry has lowered its 2023 economic growth outlook to 3.5% from 3.6% projected earlier, as tourism gathers strength but tepid global demand crimps exports.