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Search Result for “thai”

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GENERAL

Global slowdown threatens Thai growth

Business, Nareerat Wiriyapong, Published on 06/12/2023

» Although the Bank of Thailand's revised GDP growth forecast of 3.2-3.8% next year is possible, analysts are warning that an economic slowdown in China and the US means downside risks remain, while the effectiveness of government stimulus to ignite the economy is questioned.

BUSINESS

Joint business group maintains GDP growth outlook

Reuters, Published on 05/04/2023

» Thailand's economy is expected to grow 3.0% to 3.5% this year, unchanged from a previous forecast, as tourism rebounded but exports softened, a leading joint business group said on Wednesday.

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BUSINESS

Inflation up 2.83% in March, slowest pace in 15 months

Reuters, Published on 05/04/2023

» Thailand's headline consumer price index (CPI) rose a less than forecast 2.83% in March from a year earlier, the slowest pace in 15 months due to lower energy and food prices, the Commerce Ministry said on Wednesday.

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GENERAL

Baht dips on US inflation figures

Business, Published on 15/02/2024

» The baht, which slipped below 36 to the US dollar on Wednesday, is likely to depreciate further as US inflation was higher than forecast, prompting the market to believe the Federal Reserve might delay its first interest rate cut beyond May, as expected earlier.

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THAILAND

Sudarat's 'third way' in politics

News, Nattaya Chetchotiros, Published on 19/09/2022

» Khunying Sudarat Keyuraphan has announced the Thai Sang Thai Party (TST) to be a "third force" in politics whose policy platforms will highlight the country's priorities for the next general election expected early next year.

BUSINESS

Trump tantrums keep traders on edge, SET dips

Business, Nuntawun Polkuamdee, Published on 06/02/2017

» Recap: World stock markets retreated as investors shied away from riskier assets over renewed concerns about US President Donald Trump's controversial ban on refugees and travellers from seven Muslim-majority countries and protectionist rhetoric that fanned fears of a global trade war. Buying ahead of corporate earnings releases and hopes for dividend payments cushioned the Thai stock market against a steep fall.

BUSINESS

Oil rout drags down shares ahead of fed talks

Business, Published on 19/09/2016

» Recap: Global stock markets plunged last week as investors cashed out ahead of this week's much-awaited US Federal Reserve meeting. Worries over the oil glut also triggered selling of energy stocks, but the Thai market picked up following a recent steep fall.

BUSINESS

Global shares rally on fed set flat amid 4G frenzy

Business, Nuntawun Polkuamdee, Published on 21/12/2015

» Recap: Global stock markets moved sideways last week as sinking oil prices pushed down energy shares, and rebounded at the end of the week after the US Federal Reserve ended months of uncertainty by raising its benchmark interest rate by 25 basis points for the first time in nine years. Thai stocks were little changed despite sinking on Friday, pulled down by telecoms as prices for 4G licences headed for a world record.

ADVANCED NEWS

Exporters to Bank of Thailand: Stop the rising baht

Jon Fernquest, Published on 05/02/2013

» Baht 29.75 against US dollar means more dollars for baht, more valuable baht, more expensive & less competitive Thai exports.

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OPINION

Temple corruption erodes public faith

Oped, Published on 28/04/2021

» As corruption soars in predominantly Buddhist Thailand, its temples are also facing a serious erosion of public faith due to rife corruption in the closed, non-transparent clergy.