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BUSINESS

August factory output seen falling 3.6% y-o-y

Reuters, Published on 23/09/2019

» Thailand's annual manufacturing output in August is expected to have dropped at a faster pace than in the previous month, a Reuters poll showed on Monday.

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BUSINESS

August foreign tourist arrivals up 5.6% y-o-y

Reuters, Published on 10/09/2019

» The number of foreign tourists arriving in Thailand rose 5.59% in August from a year earlier, with Chinese visitor numbers rebounding strongly, the tourism ministry said on Tuesday.

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BUSINESS

Indonesia to ban nickel ore exports from Jan 2020

Reuters, Published on 02/09/2019

» JAKARTA: Indonesia said on Monday it will stop nickel ore exports from Jan. 1, 2020, two years earlier than initially flagged as it speeds up efforts to process more of its resources at home.

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BUSINESS

Central bank foresees growth below 3%

Reuters, Published on 30/08/2019

» The economy is likely to grow less than 3% this year, due to intensifying global trade tensions, a senior central bank official said on Friday.

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BUSINESS

Uttama: More economic stimulus if needed

Reuters, Published on 29/08/2019

» The government is ready to add further fiscal support if a recently introduced stimulus package is insufficient, the finance minister said on Thursday, as the government tries to revive flagging domestic activity.

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BUSINESS

3% growth target set for this year

Reuters, Published on 16/08/2019

» The economy should expand by at least 3% this year and 3.5% next year, a government official said on Friday, after it announced a multi-billion-baht plan to shore up faltering activity.

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BUSINESS

Suriya promises to boost exports but keep hands off baht

Reuters, Published on 13/08/2019

» The strong baht remains a problem for Thailand's industries and exports, a key driver of the country's growth, and more will be done to help exporters, the industry minister said on Tuesday.

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BUSINESS

Bank of Thailand frets over financial stability

Reuters, Published on 13/08/2019

» Thailand's central bank is still concerned about financial stability after last week's interest rate cut, its governor said on Tuesday, adding that the government's new joint policy committee will have no impact on the central bank's monetary decisions.

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BUSINESS

Govt will not interfere in central bank policy

Reuters, Published on 09/08/2019

» The government will not interfere in the central bank's monetary policy and that this week's surprise cut took interest rates in a "good" direction, Finance Minister Uttama Savanayana said on Friday.

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BUSINESS

Business group calls for more easing

Reuters, Published on 08/08/2019

» The central bank should cut its policy rate further to help ease upward pressure on the baht, which has stayed strong despite Wednesday's surprise rate cut, the head of the Thai Chamber of Commerce said on Thursday.