Showing 1 - 10 of 14
Seamless connectivity in subregion touted
Business, Phusadee Arunmas, Published on 05/04/2024
» The International Institute for Trade and Development is proposing the acceleration of seamless connectivity in the Greater Mekong Subregion (GMS) countries via the Cross-Border Transport Facilitation Agreement (CBTA) with member countries to establish common measures and rules that foster effective cross-border movement of people, goods and services.
Bond default risk minimal in Q2
Business, Nuntawun Polkuamdee, Published on 05/04/2024
» The likelihood of bonds defaults in the second quarter is relatively low, with total default value projected at less than 1% of the total outstanding market value, says the Thai Bond Market Association (ThaiBMA).
Krungsri bullish on SME loan growth
Business, Somruedi Banchongduang, Published on 05/04/2024
» Bank of Ayudhya (Krungsri) is upbeat about achieving small and medium-sized enterprise (SME) loan growth of 2-3% this year, following an uptick in the first quarter as the Thai economy gradually recovers.
Traders upgrade outlook for gold prices
Business, Nareerat Wiriyapong, Published on 05/04/2024
» Local traders have increased their forecasts for global and domestic prices of gold to US$2,350 and 40,500 baht, respectively, after the price of bullion set another record high of more than $2,300 an ounce on sustained demand from central banks and heightened geopolitical conflict.
Plan to legalise casinos a boon for AWC
Business, Nuntawun Polkuamdee, Published on 05/04/2024
» Asset World Corporation (AWC) would be the main beneficiary of the government plan to legalise casinos as part of entertainment complexes as the company operates luxury hotels and retail centres near potential sites for these developments, says Tisco Securities.
Govt will consider all sources of funding for B500bn handout scheme
Published on 05/04/2024
» The government will consider all sources of funding for the government's signature 500 billion baht handout scheme and ensure that public debt remains at manageable levels, a senior official said on Friday.
March headline inflation misses central bank target for 11th month
Published on 05/04/2024
» Thailand's headline consumer price index dropped for the sixth straight month in March, the commerce ministry said, and was outside the central bank's target range for the 11th straight month.
S&P, Fitch say govt debt binge poses risk to fiscal consolidation
Published on 05/04/2024
» The government’s surprise move this week to take on more debt to stimulate the economy risks a setback for its fiscal consolidation efforts though it’s likely to accelerate growth in the near-term, according to ratings companies.
Diesel price increasing by 50 satang
Published on 05/04/2024
» Pump prices of diesel will increase by 50 satang a litre on Saturday morning amid rising concern about the cost of subsidising the fuel, said Wisak Watanasap, director of the Oil Fuel Fund Office (Offo).
Board of Investment plans meetings with 10 Chinese battery producers
Business, Lamonphet Apisitniran, Published on 05/04/2024
» The Board of Investment (BoI) is preparing to meet with leading electric vehicle battery cell manufacturers in China to encourage them to invest in Thailand in order to support the country's fast-growing EV industry.