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BUSINESS

Feb exports fall less than forecast

Reuters, Published on 30/03/2023

» Thailand's customs-based exports contracted for a fifth straight month in February, down 4.7% from a year earlier, due to a slowing global economy, the Commerce Ministry said on Thursday.

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BUSINESS

Thailand records current account surplus of $1.3bn

Reuters, Published on 31/03/2023

» Thailand recorded a current account surplus of US$1.3 billion in February, after a revised deficit of $2.1 billion in the previous month, the Bank of Thailand (BoT) said on Friday.

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BUSINESS

Car production up 6.39% in Feb

Reuters, Published on 23/03/2023

» Car production in Thailand rose 6.39% in February from a year earlier to 165,612 units, as a shortage of microchips eased and car exports increased, the Federation of Thai Industries (FTI) said on Thursday.

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BUSINESS

Sharks, tourists jostle for space in Maya Bay

Reuters, Published on 28/03/2023

» KRABI: On any given day in Thailand's Maya Bay, up to 40 blacktip reef sharks cruise in the cyan shallows while about 4,000 tourists visit its white-sand beach flanked by towering cliffs.

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BUSINESS

BoT: External stability strong, economy recovering

Reuters, Published on 17/03/2023

» Thailand's external stability is sound with low foreign debt and high international reserves, while the economy is recovering steadily on increased tourism and domestic spending, the Bank of Thailand (BoT) said.

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BUSINESS

Baht volatility 'difficult to avoid'

Reuters, Published on 17/03/2023

» Volatility in the Thai baht has been in line with regional currencies, driven by external factors, the country's shippers' group quoted the Bank of Thailand (BoT) as saying, following a meeting with central bank officials.

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BUSINESS

Asian currencies subdued as investors await Fed decision

Reuters, Published on 22/03/2023

» SYDNEY: Most Asian currencies were tepid on Wednesday, with the Philippine peso falling most, as investors await the conclusion of the Federal Reserve's (Fed) policy meeting for clarity on the future United States rate path.

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BUSINESS

Fitch downgrades and withdraws Signature Bank's ratings

Reuters, Published on 14/03/2023

» Rating agency Fitch on Monday downgraded Signature Bank's long-term corporate ratings to 'D' from 'BBB+' after state regulators closed the New York-based bank on Sunday.

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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

Diesel tax cut extended to ease living costs

Reuters, Published on 14/03/2023

» The cabinet on Tuesday agreed to extend an excise tax cut on diesel for another two months to July 20 to help reduce the costs of living, a government official said on Tuesday.