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BUSINESS

Headline CPI up 3.79% y/y in Feb, less than forecast

Reuters, Published on 07/03/2023

» The headline consumer price index (CPI) rose 3.79% in February from a year earlier, less than analyst forecasts, due mainly to lower energy and food prices, Commerce Ministry data showed on Tuesday.

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BUSINESS

Inflation eases to 13-month low; exports seen down

Reuters, Published on 07/03/2023

» Thailand's headline inflation dropped to its lowest rate in 13 months in February and came in below expectations, Commerce Ministry data showed on Tuesday, helped by easing energy and food prices.

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BUSINESS

Inflation seen falling further - Arkhom

Reuters, Published on 08/03/2023

» Inflation in Thailand is expected to fall further and return to the Bank of Thailand’s (BoT) target range of 1% to 3% this year, helped by support measures, Finance Minister Arkhom Termpittayapaisith said on Wednesday.

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BUSINESS

25m-30m foreign arrivals expected - tourism minister

Reuters, Published on 09/03/2023

» Thailand is expecting to receive between 25 million and 30 million foreign visitors this year as its crucial travel sector rebounds, its Tourism and Sports Minister Phiphat Ratchakitprakarn said on Thursday.

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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

Twitter's revenue, adjusted earnings down 40%

Reuters, Published on 04/03/2023

» NEW YORK: Twitter Inc reported a drop of about 40% year-over-year in both revenue and adjusted earnings for the month of December, the Wall Street Journal reported on Friday citing people familiar with the matter.

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BUSINESS

Factory output falls 4.35% y/y, less than forecast

Reuters, Published on 28/02/2023

» The manufacturing production index (MPI) for January dropped by a slightly less-than-expected 4.35% from a year earlier as a global slowdown hurt exports, the Industry Ministry said on Tuesday.

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BUSINESS

Joint business group maintains growth outlook

Reuters, Published on 01/03/2023

» The Thai economy is expected to grow 3.0% to 3.5% this year, unchanged from a previous forecast, as tourism rebounds but exports weaken, a leading joint business group said on Wednesday.

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BUSINESS

Jobless rate falls to 1.15% in Q4

Reuters, Published on 02/03/2023

» Thailand's unemployment rate in the fourth quarter of 2022 dropped to 1.15% from 1.23% in the previous quarter, the National Economic and Social Development Council (NESDC) said on Thursday, as the vital tourism sector rebounds.

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BUSINESS

Inflation slowing, no need for big rate hikes - central bank

Reuters, Published on 15/02/2023

» Thailand's inflation will likely slow down this year and there is no need for the central bank to raise interest rates aggressively like other countries, Bank of Thailand (BoT) deputy governor Mathee Supapongse said on Wednesday.