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BUSINESS

Finance Ministry maintains growth outlook, expects more tourists

Reuters, Published on 27/01/2023

» The Ministry of Finance has maintained its economic growth outlook for 2023 at 3.8%, buoyed by a rebound in tourism and domestic demand, but an official said exports would slow down this year.

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BUSINESS

Consumer confidence at 25-month high in Dec

Reuters, Published on 12/01/2023

» Thai consumer confidence rose for a seventh straight month in December, reaching a 25-month high, boosted by improved economic activity and higher foreign tourist arrivals, a survey showed on Thursday.

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BUSINESS

Headline CPI up 5.89%, in line with forecast

Reuters, Published on 05/01/2023

» Thailand's headline consumer price index (CPI) rose 5.89% in December from a year earlier, in line with analyst forecasts, but above the previous month driven by higher energy and food prices, government data showed on Thursday.

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BUSINESS

Exports seen growing 1% to 2% in 2023, shippers' council

Reuters, Published on 10/01/2023

» Thailand's exports are expected to grow up to 2% this year, the Thai National Shippers' Council said on Tuesday.

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BUSINESS

Exports drop 6.0% in Nov, slightly worse than forecast

Reuters, Published on 27/12/2022

» Thailand's exports dropped for a second straight month in November and by more than expected, due to a global slowdown and China's lockdown measures, the Commerce Ministry said on Tuesday.

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BUSINESS

No immediate surge of Chinese tourists expected after re-opening

Reuters, Published on 27/12/2022

» SHANGHAI: China's relaxation of Covid-19 rules for international arrivals has raised hopes that its multi-billion-dollar travel business will soon flourish again but countries longing for the return of Chinese tourists will likely face more of a wait.

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BUSINESS

Current account deficit of $400m reported in November

Reuters, Published on 29/12/2022

» The country recorded a current account deficit US$400 million in November after a revised surplus of $600 million the previous month, the Bank of Thailand said on Thursday.

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BUSINESS

China's Covid surge hits trading floors, finance hub

Reuters, Published on 19/12/2022

» SHANGHAI: Covid-19 is sweeping through trading floors in Beijing and spreading fast in the financial hub of Shanghai, with illness and absence thinning already light trade and forcing regulators to cancel a weekly meeting vetting public share sales.

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BUSINESS

New Year spending seen at 3-year high - UTCC

Reuters, Published on 22/12/2022

» Thailand's consumer spending during the New Year could reach a three-year high of 103 billion baht (US$2.97 billion) as the economy continues to recover from the impacts of the Covid-19 pandemic, the president of the University of the Thai Chamber of Commerce (UTCC) said on Thursday.

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BUSINESS

Govt approves tax break to boost public consumption

Reuters, Published on 20/12/2022

» The cabinet on Tuesday approved a tax measure to help boost public consumption starting in January to support the economy as it recovers, a government spokesperson said on Tuesday.