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BUSINESS

Economy strong despite weak exports, baht supportive - Finance Minister

Reuters, Published on 16/06/2023

» Thailand's economy remains strong, despite weaker shipments, though the weaker baht currency will be supportive of exports this year, Finance Minister Arkhom Termpittayapaisith said on Friday.

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BUSINESS

Bank of Thailand to relax rules on use of yuan for trade

Reuters, Published on 11/05/2023

» The Bank of Thailand (BoT) expects to relax rules on the use of China's yuan for trade this year to help reduce the impact of currency volatility, BoT deputy governor Mathee Supapongse said on Thursday.

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BUSINESS

Inflation seen falling further - Arkhom

Reuters, Published on 08/03/2023

» Inflation in Thailand is expected to fall further and return to the Bank of Thailand’s (BoT) target range of 1% to 3% this year, helped by support measures, Finance Minister Arkhom Termpittayapaisith said on Wednesday.

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BUSINESS

Exports drop 6.0% in Nov, slightly worse than forecast

Reuters, Published on 27/12/2022

» Thailand's exports dropped for a second straight month in November and by more than expected, due to a global slowdown and China's lockdown measures, the Commerce Ministry said on Tuesday.

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BUSINESS

Govt approves tax break to boost public consumption

Reuters, Published on 20/12/2022

» The cabinet on Tuesday approved a tax measure to help boost public consumption starting in January to support the economy as it recovers, a government spokesperson said on Tuesday.

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BUSINESS

Cabinet approves transaction tax on securities trades

Reuters, Published on 29/11/2022

» The cabinet on Tuesday approved a financial transaction tax on securities trades on the Stock Exchange of Thailand (SET), ending a three-decade waiver, Deputy Finance Minister Santi Promphat said on Tuesday.

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BUSINESS

Bank of Thailand chief: External factors constraints for managing baht

Reuters, Published on 27/10/2022

» The baht is moving in line with regional currencies, with external factor the main constraint for managing volatility, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on Thursday.

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BUSINESS

Consumer confidence at 8-month high in September

Reuters, Published on 12/10/2022

» Thai consumer confidence rose for a fourth straight month in September, reaching an eight-month high, bolstered by improved economic activity following the easing of Covid-19 curbs, according to a survey by the University of the Thai Chamber of Commerce (UTCC).

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BUSINESS

Pace of rate rises will be gradual - Bank of Thailand

Reuters, Published on 24/08/2022

» The Bank of Thailand (BoT) will raise interest rates gradually to ensure a smooth take-off as it fights inflation, its governor said on Wednesday.

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BUSINESS

Banks asked to freeze rates - finance minister

Reuters, Published on 10/08/2022

» Commercial banks should not rush to raise their interest rates even though the Bank of Thailand (BOT) will tighten monetary policy, Finance Minister Arkhom Termpittayapaisith said on Wednesday.