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Search Result for “exchange rates”

Showing 1 - 10 of 28

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GENERAL

Thailand's industry leaders seek discussions

Business, Lamonphet Apisitniran, Published on 03/10/2024

» The unsettled debate on an appropriate policy rate amid baht appreciation has led Thailand's Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) to request a discussion with the Bank of Thailand, seeking an interest rate reduction.

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GENERAL

Call for action as baht sparks panic

Lamonphet Apisitniran, Published on 27/09/2024

» Serious efforts to address baht appreciation are needed as it is threatening to dampen the country’s key economic engines of exports and tourism, while businesses struggle with an unsettled domestic economy, says the Federation of Thai Industries (FTI).

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GENERAL

Industry sentiment up in July

Business, Lamonphet Apisitniran, Published on 17/08/2024

» The Thai Industries Sentiment Index (TISI) increased for the first time in four months to 89.3 points in July, driven by higher demand for food, medicine and cosmetic products, says the Federation of Thai Industries (FTI).

GENERAL

Sentiment declines in December

Business, Lamonphet Apisitniran, Published on 18/01/2024

» The Thailand Industry Sentiment Index (TISI) fell in December 2023 to 88.8 points, attributed to a range of factors from a decrease in sales to lower production, says the Federation of Thai Industries (FTI).

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BUSINESS

Panel trims export growth forecast

Business, Lamonphet Apisitniran, Published on 06/07/2023

» Dim economic prospects over the next six months have caused the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) to cut its export growth forecast to -2% this year, down from -1%.

BUSINESS

Sentiment gains on higher orders of goods, spending

Business, Lamonphet Apisitniran, Published on 16/03/2023

» The Thailand Industry Sentiment Index (TISI) increased to 96.2 points in February, the highest level since April 2019, as manufacturing and consumer spending increased while the tourism recovery continued.

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BUSINESS

Panel downgrades export outlook

Business, Lamonphet Apisitniran, Published on 02/03/2023

» The 2023 export outlook is growing dimmer, with the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) cutting its export forecast to -1% based on the prospect of a global recession.

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BUSINESS

Thai Wah expects 20% revenue rise

Business, Lamonphet Apisitniran, Published on 23/02/2023

» Thai Wah Plc, a starch and starch-based food company, is optimistic about the global economy in 2023 and projects revenue growth of nearly 20% to 12-13 billion baht.

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BUSINESS

FTI frets over China

Business, Lamonphet Apisitniran, Published on 21/02/2023

» The Federation of Thai Industries (FTI) is gripped with a fresh worry over the influx of inexpensive Chinese goods following China's reopening, though Beijing's policy is good for the tourism sector.

BUSINESS

Sentiment increases in January to 43-month high

Business, Lamonphet Apisitniran, Published on 16/02/2023

» The Thailand Industry Sentiment Index (TISI) rose to 93.9 points in January, the highest level in 43 months, up from 92.6 points in December last year as entrepreneurs benefited from the state "Shop Dee Mee Khuen" tax rebate, the tourism recovery and China's reopening.