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GENERAL

Exports jump 7.2% in May, beating forecast

Reuters, Published on 21/06/2024

» Thailand's exports rose for a second straight month in May, up 7.2% from a year earlier, the Commerce Ministry said on Friday, beating analysts' expectations.

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GENERAL

Finance minister, central bank chief to discuss inflation target, PM says

Reuters, Published on 21/06/2024

» Finance Minister Pichai Chunhavajira will discuss the inflation target with Bank of Thailand (BoT) Governor Sethaput Suthiwartnarueput, Prime Minister Srettha Thavisin said on Friday, adding additional stimulus measures would be announced next week.

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GENERAL

Srettha proposes to parliament B3.75tn budget to revive economy

Reuters, Published on 19/06/2024

» Prime Minister Srettha Thavisin on Wednesday proposed a 3.753-trillion-baht (US$102-billion) budget for the 2025 fiscal year to jump start Thailand's sluggish economy as lawmakers began a three-day debate.

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GENERAL

Consumer confidence at 7-month low

Reuters, Published on 13/06/2024

» Thai consumer confidence dropped for a third straight month in May, falling to its lowest level since October last year on concerns over a slow economic recovery and political uncertainty, a survey showed on Thursday.

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GENERAL

Vietnam may permit gold imports for first time in years

Reuters, Published on 12/06/2024

» SINGAPORE - Vietnam could allow companies to import gold for the first time in over a decade, as it aims to bridge the widening gap between local prices and international benchmarks, an industry official told Reuters.

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GENERAL

Finance Ministry wants rate cut at central bank meeting

Reuters, Published on 11/06/2024

» The government wants to see an interest rate cut at Wednesday's central bank policy review to help the economy as the current level is "too high", a deputy finance minister said on Tuesday.

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GENERAL

Foxconn to make 5G equipment for Nokia in Vietnam

Reuters, Published on 11/06/2024

» HANOI - Foxconn will produce 5G AirScale equipment for Nokia at its factory in Vietnam's northern province of Bac Giang, Vietnamese state media reported on Tuesday.

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GENERAL

Headline inflation up 1.54%, above forecast

Reuters, Published on 07/06/2024

» Thailand's headline consumer price index (CPI) rose 1.54% in May from a year earlier, after the previous month's annual rise of 0.19%, the Commerce Ministry said on Friday.

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GENERAL

CIMB targets $1.28bn of lending in 2024

Reuters, Published on 06/06/2024

» MANILA - The Philippine unit of Malaysia's CIMB Group Holdings Bhd is targeting lending of more than 75 billion pesos (US$1.28 billion) to Filipino clients this year, up 23% from 2023, its chief executive officer said on Thursday.

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GENERAL

Business group keeps growth forecast at 2.2% to 2.7%

Reuters, Published on 05/06/2024

» Thailand's economy is recovering slowly and is expected to grow 2.2% to 2.7% this year, unchanged from a previous forecast, a leading joint business group said on Wednesday.