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BUSINESS

Q1 GDP grows 2.7% y/y, beats expectations

Reuters, Published on 15/05/2023

» Thailand's economy expanded 2.7% in the first quarter from a year earlier, official data showed on Monday, faster than expectations, as private consumption and tourism rebounded.

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BUSINESS

Asia rice output turns corner as farmers expand planting

Reuters, Published on 09/05/2023

» SINGAPORE: Asia's rice output is set to climb this year as higher prices spur farmers to expand acreage and use more fertiliser, easing supply concerns after production suffered its first decline in seven years in 2022.

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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

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

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

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

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.