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GENERAL

Central bank 'open' to easing if economic weakness drags

Bloomberg News, Published on 09/02/2024

» A top Thai monetary policymaker said the Bank of Thailand (BoT) is willing to lower borrowing costs if it is convinced that the weakness in the economy is persistent and not transitory.

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GENERAL

Government taps Chinese influencers to boost exports

Bloomberg News, Published on 07/02/2024

» The government is planning to enlist Chinese social-media influencers to hawk things from the so-called elephant pants to local sweet delicacies to their followers back home, as part of the Southeast Asian nation’s bid to shore up exports to the world’s No. 2 economy.

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GENERAL

Sugar outlook worsens as yields slide after dry spell

Bloomberg News, Published on 06/02/2024

» Thailand’s sugar output is set to be even lower than expected this season after dry weather stunted growth, which will squeeze global supply and could extend a rally in benchmark futures.

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WORLD

Chinese billionaire’s carmaker adds satellites in Musk territory

Bloomberg News, Published on 03/02/2024

» HONG KONG - A Chinese rocket launched a group of communications satellites produced by one of the country's largest carmakers, boosting the nation's efforts to catch up in low-Earth orbit — an area dominated by Elon Musk's SpaceX.

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INVESTMENT

Investment giant Franklin Templeton explores Thailand expansion

Bloomberg News, Published on 23/01/2024

» HONG KONG - Franklin Templeton is weighing expansion in Thailand, seeking to lure local investors of offshore products as the asset manager strengthens its Asia operations.

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WORLD

North Korea to send new class of missiles to Russia

Bloomberg News, Published on 11/01/2024

» SEOUL - North Korea is looking to step up its military cooperation with Russia by sending Moscow new types of tactical guided missiles, while Pyongyang may soon conduct fresh tests of its own missiles designed to deliver nuclear strikes, South Korea’s defence minister said.

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THAILAND

Govt mulls 90-day visas for European visitors

Bloomberg News, Published on 19/11/2023

» Thailand may waive visa requirements for travellers from more European countries and is lining up hundreds of cultural and sporting events as it works to induce holidaymakers to stay longer and spend more, the government has said.

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INVESTMENT

'Salesman' PM Srettha travels world to court investments

Bloomberg News, Published on 09/11/2023

» Srettha Thavisin, a former property tycoon turned prime minister, has spent the two months he has been in office focused on turning around Thailand’s below-par economic performance.

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GENERAL

Central banks buying more gold than previously thought

Bloomberg News, Published on 31/10/2023

» NEW YORK - Central banks have loaded up on more gold than previously thought this year, offering crucial support to prices that have faced pressure from global monetary tightening.

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INVESTMENT

Thailand bets on EVs to draw trillion baht in foreign investment

Bloomberg News, Published on 26/10/2023

» Thailand, renowned as the ‘Detroit of Asia’ for its production of internal combustion engine cars, wants to break into the top tier of electric vehicle (EV) makers as part of a goal to lure 1 trillion baht (US$28 billion) of investments in four years.