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BUSINESS

Food exports seen at record high this year

Reuters, Published on 10/05/2023

» Thailand's food exports are expected to rise by 2.1% to a record of 1.5 trillion baht (US$44.31 billion) this year, helped by a recovery in global demand and China's reopening, a leading industry group said on Wednesday.

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BUSINESS

Thai consumer confidence at more than 3-year high in April

Reuters, Published on 11/05/2023

» Thai consumer confidence rose for an 11th straight month in April, reaching a 38-month high, boosted by a recovery in tourism and increased activities ahead of an election on May 14, a survey showed on Thursday.

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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

Exports seen up 1% this year, say shippers

Reuters, Published on 02/05/2023

» Thailand's exports are likely to rise 1% in 2023 and should pick up later in the year, owing to a recovery in China's economy, the Thai National Shippers' Council (TNSC) said on Tuesday.

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BUSINESS

Headline CPI up 2.67%, slowest in 16 months

Reuters, Published on 03/05/2023

» Thailand's headline inflation dropped to its lowest in 16 months in April, coming in close to expectations owing to lower energy and food prices and a high base in 2022, the Commerce Ministry said on Wednesday.

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BUSINESS

GDP growth outlook maintained at 3.0-3.5%

Reuters, Published on 03/05/2023

» Thailand's economy is expected to grow 3.0% to 3.5% this year, a leading joint business group said on Wednesday, unchanged from a previous forecast as the tourism sector gathers steam and exports remain weak.

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BUSINESS

Big bond sale to finance govt deficit

Reuters, Published on 26/04/2023

» Thailand plans to sell 40 billion baht (US$1.17 billion) of government savings bonds next month to help finance a budget deficit, a finance ministry official said on Wednesday.

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BUSINESS

Factory output falls 4.56%, worse than forecast

Reuters, Published on 28/04/2023

» Thailand's manufacturing production index (MPI) in March contracted 4.56% from a year earlier, as a global economic slowdown hurt exports, the Industry Ministry said on Friday.

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BUSINESS

Car production, exports rose in March

Reuters, Published on 25/04/2023

» Car production in Thailand rose 4.16% in March from a year earlier, to 179,848 units, as a shortage of microchips eased, the Federation of Thai Industries (FTI) said on Tuesday.

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BUSINESS

BNP Paribas' wealth management unit to launch in Thailand

Reuters, Published on 18/04/2023

» BENGALURU: BNP Paribas, the euro zone's biggest bank, said on Tuesday its wealth management arm will launch in Thailand to expand its presence in Asian markets.