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BUSINESS

Exports seen rising up to 1% this year

Reuters, Published on 06/06/2023

» Thailand's exports are likely to be flat or rise up to 1% this year as global demand has slowed but a weak baht is providing support, the Thai shippers' council said on Tuesday.

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BUSINESS

Bank of Thailand to relax rules on use of yuan for trade

Reuters, Published on 11/05/2023

» The Bank of Thailand (BoT) expects to relax rules on the use of China's yuan for trade this year to help reduce the impact of currency volatility, BoT deputy governor Mathee Supapongse said on Thursday.

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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

Jan exports fall by more-than-forecast 4.5% y/y

Reuters, Published on 02/03/2023

» Thailand's customs-based exports fell for a fourth straight month and more than expected in January as global demand slowed, with shipments expected to contract further in the first half of the year, the Commerce Ministry said on Thursday.

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BUSINESS

Monetary tightening faces challenges - Bank of Thailand

Reuters, Published on 08/02/2023

» Thailand's rate committee stuck by a pledge that monetary tightening would be gradual and measured, but noted it could be adjusted should the growth and inflation outlook shift from assessments, minutes of the meeting showed on Wednesday.

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BUSINESS

Baht down ahead of policy decision

Reuters, Published on 25/01/2023

» Asian emerging markets trickled back to life on Wednesday after the Lunar New Year holiday, with the baht dipping ahead of a central bank policy rate decision, while Singapore shares hit a near nine-month high ahead of inflation data.

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BUSINESS

Exports drop 6.0% in Nov, slightly worse than forecast

Reuters, Published on 27/12/2022

» Thailand's exports dropped for a second straight month in November and by more than expected, due to a global slowdown and China's lockdown measures, the Commerce Ministry said on Tuesday.

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BUSINESS

No immediate surge of Chinese tourists expected after re-opening

Reuters, Published on 27/12/2022

» SHANGHAI: China's relaxation of Covid-19 rules for international arrivals has raised hopes that its multi-billion-dollar travel business will soon flourish again but countries longing for the return of Chinese tourists will likely face more of a wait.

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BUSINESS

Samsung, LG plan multi-billion-dollar additional investment in Vietnam

Reuters, Published on 06/12/2022

» HANOI: South Korean electronics giants Samsung and LG plan to pour billions of United States dollars of additional investment into Vietnam, state media reports and the Vietnamese government said on Tuesday.

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BUSINESS

Exports drop in Oct as global demand slows

Reuters, Published on 28/11/2022

» Exports unexpectedly fell in October as tight monetary policy to curb inflation in major trading partners affected purchasing power and economic activity, the Commerce Ministry said on Monday.