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Search Result for “rates”

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BUSINESS

Baht at 7-month low on political uncertainty

Reuters, Published on 28/06/2023

» The Thai baht weakened to a seven-month low on Wednesday as political uncertainty dampened investor appetite, while most other emerging Asian currencies also depreciated against a firmer dollar after resilient US data eased recession concerns.

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BUSINESS

Economy to expand with upside risks - central bank

Reuters, Published on 14/06/2023

» The Bank of Thailand's (BoT) Monetary Policy Committee expected continued economic expansion with some upside risks as it raised the key interest rate last month for a sixth straight meeting, minutes of the meeting showed on Wednesday.

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BUSINESS

Car production dips y/y, but exports surge

Reuters, Published on 24/05/2023

» Car production in Thailand dropped 0.13% in April from a year earlier to 117,636 units as truck production fell, as auto exports soared that month from a low base, the Federation of Thai Industries said on Wednesday.

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BUSINESS

Car production, exports rose in March

Reuters, Published on 25/04/2023

» Car production in Thailand rose 4.16% in March from a year earlier, to 179,848 units, as a shortage of microchips eased, the Federation of Thai Industries (FTI) said on Tuesday.

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BUSINESS

Industrial sentiment at decade high

Reuters, Published on 19/04/2023

» Thailand's industrial sentiment in March reached its highest level in a decade, boosted by a rebound in domestic demand and tourism, but high costs, slowing global growth and baht volatility were a worry, the Federation of Thai Industries (FTI) said on Wednesday.

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BUSINESS

Economy expected to grow 3.6% this year - central bank

Reuters, Published on 10/04/2023

» Thailand's economy is expected to grow 3.6% this year, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on TV channel JKN-CNBC on Monday.

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BUSINESS

Exports seen contracting 10% y/y in Q1

Reuters, Published on 04/04/2023

» Thailand's exports are likely to show a contraction of 10% in the first quarter of this year from a year earlier, bigger than a previous forecast drop of 8%, the country's shippers' council said on Tuesday.

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BUSINESS

Asian currencies subdued as investors await Fed decision

Reuters, Published on 22/03/2023

» SYDNEY: Most Asian currencies were tepid on Wednesday, with the Philippine peso falling most, as investors await the conclusion of the Federal Reserve's (Fed) policy meeting for clarity on the future United States rate path.

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BUSINESS

Asian currencies, stocks fall on SVB contagion fears

Reuters, Published on 14/03/2023

» SINGAPORE: Most Asian currencies and equities lost ground on Tuesday as the United States banking sector crisis unnerved investors, although the Malaysian ringgit bucked the trend to climb higher.

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BUSINESS

Inflation slowing, no need for big rate hikes - central bank

Reuters, Published on 15/02/2023

» Thailand's inflation will likely slow down this year and there is no need for the central bank to raise interest rates aggressively like other countries, Bank of Thailand (BoT) deputy governor Mathee Supapongse said on Wednesday.