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BUSINESS

Jan-May rice export volume up 27%

Reuters, Published on 23/06/2023

» Thailand's rice exports for January-May were at 3.47 million metric tonnes, up 26.6% from a year earlier, helped by higher global demand and a weaker baht currency, the Commerce Ministry said on Friday.

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BUSINESS

Exports drop 4.6% in May

Reuters, Published on 27/06/2023

» Thailand’s exports contracted less than expected in May, as higher industrial goods shipments and a weakening baht helped offset some of the impact of sluggish global demand, the Ministry of Commerce said on Tuesday.

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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 strong despite weak exports, baht supportive - Finance Minister

Reuters, Published on 16/06/2023

» Thailand's economy remains strong, despite weaker shipments, though the weaker baht currency will be supportive of exports this year, Finance Minister Arkhom Termpittayapaisith said on Friday.

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BUSINESS

Thailand's 2024 budget to be ready by Q1 2024

Reuters, Published on 21/06/2023

» Thailand expects its 2024 fiscal budget to be ready by the first quarter of next year, Danucha Pichayanan, chief of the National Economic and Social Development Council (NESDC), told a business seminar on Wednesday.

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BUSINESS

Thai stocks flounder in absence of China spark

Reuters, Published on 16/06/2023

» SINGAPORE: Thailand's stock market has become the symbol of investor disenchantment with China's economic reopening, going from market darling in January to Asia's second-worst performing market by June, with little sign of a turnaround.

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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

Industrial mood at 8-month low on political uncertainty

Reuters, Published on 14/06/2023

» Thailand's industrial sentiment in May hit its lowest level in eight months, dented by weak exports and uncertainty over the formation of a new government, an industries group said on Wednesday.

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BUSINESS

Thailand records 11.4m foreign tourists

Reuters, Published on 13/06/2023

» Thailand received 11.4 million foreign tourist arrivals from January to June 11, and saw spending of 472 billion baht (US$13.67 billion), the Ministry of Tourism and Sports said in a statement on Tuesday.

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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.