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GENERAL

Exports expected to rise 1%-2% - shippers

Reuters, Published on 07/05/2024

» Thailand's exports are expected to rise 1% to 2% this year, unchanged from a previous forecast, the Thai National Shippers' Council said on Tuesday.

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GENERAL

Indonesia sees more capital inflows after rate hike

Reuters, Published on 08/05/2024

» JAKARTA: Indonesian central bank governor Perry Warjiyo said on Wednesday more capital inflows had been seen since Bank Indonesia hiked interest rates last month in an effort to stabilise the rupiah, and he expected the trend would continue.

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GENERAL

Headline inflation up 0.19%

Reuters, Published on 03/05/2024

» Thailand's headline consumer price index (CPI) rose 0.19% in April from a year earlier, versus a 0.47% year-on-year drop the previous month, the Commerce Ministry said on Friday.

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GENERAL

Turkey suspends trade with Israel until permanent ceasefire

Reuters, Published on 03/05/2024

» ANKARA - Turkey's trade halt with Israel will continue until a permanent ceasefire in Gaza is secured as well as unhindered humanitarian aid flow to the region, Turkish Trade Minister Omer Bolat said on Friday.

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GENERAL

Factory output falls for 18th consecutive month

Reuters, Published on 30/04/2024

» The manufacturing production index dropped 5.13% in March from a year earlier, falling for the 18th consecutive month, the Industry Ministry said on Tuesday, missing analysts' expectations.

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GENERAL

Car production down 23.1% y/y in March

Reuters, Published on 25/04/2024

» Car production in Thailand dropped 23.08% in March from a year earlier to 138,331 units, the Federation of Thai Industries said on Thursday.

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GENERAL

Banks to cut rates by 25 bps for 'vulnerable groups'

Reuters, Published on 25/04/2024

» Banks will cut lending rates by 25 basis points for vulnerable groups for a period of six months, the Thai Bankers Association (TBA) said on Thursday, responding to a government request to help small businesses.

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GENERAL

Bangkok Bank cuts retail loan rates by 25 bps

Reuters, Published on 26/04/2024

» Bangkok Bank said on Friday it will cut its retail loan rates by 25 basis points for a period of six months, effective on April 29, to help vulnerable borrowers reduce their interest burden.

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GENERAL

Central bank intervenes to steady baht

Reuters, Published on 24/04/2024

» The Bank of Thailand (BoT) says it has intervened in currency markets at times to ease any excessive moves in the baht, adding that the current policy rate is robust and conducive to economic recovery.

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GENERAL

Bank of Thailand to adjust rates amid changes: deputy chief

Reuters, Published on 23/04/2024

» WASHINGTON/BANGKOK: The Bank of Thailand (BoT), under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, BoT deputy governor Alisara Mahasandana said.