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Search Result for “china”

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BUSINESS

Reopening hinges on jab strategies

Business, Pathom Sangwongwanich, Published on 09/03/2021

» Vaccination will have a profound impact on Thailand's tourism industry recovery and reopening strategy this year, with 2 million foreign tourist arrivals expected at this juncture, says Kasikorn Research Center (K-Research).

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BUSINESS

MPC wary of tourist dearth

Business, Pathom Sangwongwanich, Published on 18/02/2021

» The lack of foreign tourist arrivals presents a major risk to Thailand's medium-term economic growth outlook, with a near-term recovery dependent on the resolution of the recent outbreak and fiscal support, says the Bank of Thailand.

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BUSINESS

BoT: Exchange rate not a tool

Business, Pathom Sangwongwanich, Published on 18/12/2020

» Thailand has no intention of using the exchange rate as a tool to gain an unfair trade advantage and competitiveness over trading partners, says the Bank of Thailand.

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BUSINESS

BoT: Exchange rate not a tool

Business, Pathom Sangwongwanich, Published on 17/12/2020

» Thailand has no intention of using the exchange rate as a tool to gain an unfair trade advantage and competitiveness over trading partners, says the Bank of Thailand.

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BUSINESS

World Bank grim on GDP

Business, Pathom Sangwongwanich, Published on 10/06/2020

» The World Bank has slashed Thailand's GDP outlook for 2020 to a 5% contraction, a drastic cut from 2.7% growth projected previously, as supply chain disruptions and lockdown measures from the coronavirus crisis have triggered an economic downturn.

BUSINESS

ASP: Slower growth and exports tether baht

Business, Pathom Sangwongwanich, Published on 09/06/2020

» The baht's appreciation is not expected to be as profound as last year's surge because a lower current account surplus is projected thanks to slower growth in exports and tourism, says Asia Plus Securities (ASP).

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BUSINESS

US mulls listing Thailand as currency manipulator

Business, Pathom Sangwongwanich, Published on 02/01/2020

» Thailand could meet the three criteria of the US Treasury Department's foreign exchange report in the coming periods, possibly putting the country on a monitoring list of currency manipulators, says Siam Commercial Bank's Economic Intelligence Centre (EIC).

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BUSINESS

Stocks up slightly to end year's trading

Business, Pathom Sangwongwanich, Published on 31/12/2019

» Thai shares edged up 0.1% on the last trading day of 2019, the benchmark index posting a 1% yearly rise as confidence was muted by the prolonged US-China trade dispute and sluggish economic growth at home and abroad.

BUSINESS

OIC considers special licence for digital business

Business, Pathom Sangwongwanich, Published on 05/12/2019

» The Office of the Insurance Commission (OIC) is studying the possibility of issuing a special licence for digital insurance business to encourage traditional insurance firms to revamp their business model amid disruptive technology.

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BUSINESS

CPF staves off pork problems with Q3 profit surge

Business, Pathom Sangwongwanich, Published on 15/11/2019

» SET-listed Charoen Pokphand Foods (CPF), the agro-industrial and food conglomerate, reported a 23% rise in third-quarter net profit despite lower sales revenue, thanks to a recovery in pork prices and improved overseas aquaculture business.