Showing 1 - 10 of 96
Asian shares advance on rate-cut optimism
Business, Published on 08/06/2024
» RECAP: Asian stocks revived as central banks in the euro zone and Canada began their rate easing cycles this week, adding to expectations that the US Federal Reserve could soon follow suit.
Headline inflation up 1.54%, above forecast
Reuters, Published on 07/06/2024
» Thailand's headline consumer price index (CPI) rose 1.54% in May from a year earlier, after the previous month's annual rise of 0.19%, the Commerce Ministry said on Friday.
Plan rejig raises share of renewables
Business, Yuthana Praiwan, Published on 07/06/2024
» Renewable power is projected to overtake electricity produced by fossil-fuel power plants over the next 20 years, with the former's proportion set to increase to 51% of total electricity supply in Thailand under the new version of the power development plan (PDP), says the Energy Policy and Planning Office (Eppo).
Concerns over decline in steel consumption
Business, Lamonphet Apisitniran, Published on 07/06/2024
» Sluggish car sales in Thailand led to an 11-12% decrease in premium-grade steel sales during the first four months of 2024, underscoring worries concerning reduced steel consumption in the country this year, says the Federation of Thai Industries (FTI).
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.
Cabinet okays low season stimulus
Business, Published on 05/06/2024
» The cabinet on Tuesday approved measures to stimulate tourism in secondary cities during the low season.
CPN, partners sink B1bn into mammoth sale
Business, Kanana Katharangsiporn, Published on 05/06/2024
» SET-listed Central Pattana (CPN), along with Central Group and partners, will invest over 1 billion baht to hold a major sale event to boost sales in the second and third quarters, aiming for a 25-30% increase in customer traffic across all its branches nationwide.
Credit access problems need urgent fix, says central bank
Reuters, Published on 04/06/2024
» Thailand needs to urgently resolve problems of credit access for small- and medium-sized businesses, which are key for the economy, a deputy central bank governor said on Tuesday.
New Thai airline focuses on the South
Business, Molpasorn Shoowong, Published on 04/06/2024
» A new airline founded by a Thai aircraft dealer and technology trading company plans to operate short domestic flights in the South, banking on high-spending local travellers.
Coffee market posts healthy growth
Business, Phusadee Arunmas, Published on 04/06/2024
» The Thai coffee market continues to grow, both in terms of domestic consumption and processing for export, driven by consumer lifestyles.