Showing 91 - 100 of 6,341
Thai factory output falls in August
Published on 26/09/2024
» Factory output in Thailand fell in August due to lower automobile production, higher energy prices and flooding in the North, according to the Ministry of Industry, which now says a full-year contraction is possible.
Thailand risks credit rating downgrade, opposition warns
Bloomberg News, Published on 26/09/2024
» Thailand runs a "very alarming" risk of credit rating downgrades if the government does not rein in its massive pile of debt to prop up Southeast Asia's second-largest economy, according to the country's biggest opposition group.
Dimmer prospects for China arrivals during Golden Week
Business, Molpasorn Shoowong, Published on 26/09/2024
» The flow of Chinese tourists during the Golden Week holiday next week might be weaker than expected as a strong baht and the mainland's sluggish economy limit tourist expenditure, while other foreign arrivals start to bargain for lower services prices.
Bank of Thailand keeping an eye on rising baht
Business, Somruedi Banchongduang, Published on 26/09/2024
» The Bank of Thailand insists it is committed to managing the baht's appreciation against the US dollar, with a view to easing its impact on the real economy.
BoT ought to revise exchange rate policy
Oped, Chartchai Parasuk, Published on 26/09/2024
» This is not the usual time slot for my article. My articles are usually published every other Thursday. The next one was for Oct 3. However, I feel that the "too strong" Thai baht requires immediate attention.
Domestic gold prices head for new high
Nareerat Wiriyapong, Published on 25/09/2024
» Domestic gold prices are on course to surpass the previous high of 42,150 baht per baht-weight (15.2 grammes) as global prices stayed near an all-time high, approaching $2,700 an ounce, say local traders.
Thai export growth of 7% in August tops forecasts
Published on 25/09/2024
» Thailand’s exports rose for a second straight month in August, the Ministry of Commerce said on Wednesday as it maintained its forecast of 1-2% growth this year despite the baht strengthening to 30-month highs against the US dollar.
Finance minister presses case for rate cut
Published on 25/09/2024
» Finance Minister Pichai Chunhavajira is once more pushing the government’s case for a cut in interest rates ahead of a meeting next week with the Bank of Thailand, where the inflation target and the strong baht will be on the agenda.
Baht rises to strongest since March 2022 amid exporters worries
Bloomberg News, Published on 25/09/2024
» The baht gained to its strongest level in 30 months as Chinas stimulus boosted risk assets globally, adding pressure on the Bank of Thailand (BoT) to act to curb its rally.
Govt continues to push rate cuts
News, Phusadee Arunmas, Published on 25/09/2024
» The Finance Ministry and the Bank of Thailand (BoT) will meet next week to discuss the strong baht and the country's inflation target as the government continues to push for interest rate cuts.