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BUSINESS

Investment applications reach B756bn in 2019

Reuters, Published on 13/01/2020

» Investment applications in Thailand reached a total 756 billion baht worth of projects in 2019, down about 16% from the previous year but slightly beating a target, the state investment agency said on Monday.

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BUSINESS

China's CCCC wins rights for B303bn airport south of Manila

Reuters, Published on 17/12/2019

» MANILA: State-owned China Communications Construction Co Ltd (CCCC) and a local partner have won the auction for a 303 billion baht airport south of the capital Manila, a government official said on Tuesday.

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BUSINESS

Baht likely to weaken, says BoT deputy governor

Reuters, Published on 04/12/2019

» The baht is likely to weaken on more foreign selling, a lower current account surplus and reduced dollar-related gold trading flows, a deputy governor of the Bank of Thailand (BoT) said on Wednesday.

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BUSINESS

Thailand seeks to export more natural rubber after curbs end: Jurin

Reuters, Published on 13/11/2019

» The country is pushing to export natural rubber to boost farmers' income, the commerce minister said on Wednesday, weeks after it ended a four-month curb on the commodity.

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BUSINESS

Thailand has fiscal, monetary room to help growth: IMF chief

Reuters, Published on 05/11/2019

» Thailand has sufficient fiscal and monetary policy space to support its economy, the chief of the International Monetary Fund (IMF) said on Tuesday.

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BUSINESS

Ross says phase one trade deal with China will be good start

Reuters, Published on 05/11/2019

» US Commerce Secretary Wilbur Ross said on Tuesday that very good progress was being made towards completing a phase one trade agreement with China and he was hopeful that it would be a precursor to a much more robust agreement.

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BUSINESS

Asia trade bloc deal ‘delayed to Feb 2020’

Reuters, Published on 03/11/2019

» An agreement on what could become the world's largest trade bloc is likely to be signed by Asian countries in February 2020, a Thai government spokeswoman said on Sunday as negotiators scrambled to salvage progress after new Indian demands.

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BUSINESS

Indonesia issues rules to block illegally imported mobile phones

Reuters, Published on 18/10/2019

» JAKARTA: Indonesia has issued regulations to allow authorities to block smartphones purchased on the black market, in a bid to encourage investors to produce mobile phones in the country, a minister said on Friday.

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BUSINESS

Central bank plans steps to curb strong baht

Reuters, Published on 10/10/2019

» Thailand is not in recession but growing below potential and the central bank is ready to take action if needed, while there are also plans for further measures to curb the baht's strength, central bank and government officials said on Thursday.

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BUSINESS

Growth outlook below potential, but no crisis yet: BoT governor

Reuters, Published on 30/09/2019

» Thailand’s economic growth forecast of 2.8% for this year is below potential, the central bank governor said on Monday, adding the bank was ready to review monetary policy if conditions worsen.