Showing 1 - 10 of 17
Minister warns of low inflation
Wichit Chantanusornsiri, Published on 09/07/2024
» The prolonged period of low inflation in Thailand poses a danger to the economy, warns Deputy Finance Minister Paopoom Rojanasakul.
President-elect considers scrapping Indonesia’s deficit cap
Bloomberg News, Published on 09/07/2024
» Indonesian president-elect Prabowo Subianto is said to be considering removing legal limits on the country’s budget deficit as the incoming administration looks for wider leeway to spend, according to a report by the local news outlet Tempo.
Honda to end vehicle production at Ayutthaya plant
Lamonphet Apisitniran and News Agencies, Published on 09/07/2024
» Honda Automobile (Thailand) says it plans to stop making cars at its Ayutthaya factory and consolidate all assembly at an expanded Prachin Buri facility to enhance its competitiveness in the electric vehicle (EV) segment.
Singapore Airlines, Scoot restart flights over Iran airspace
Bloomberg News, Published on 09/07/2024
» SINGAPORE - Singapore Airlines and its low-cost unit Scoot have resumed flying over Iran after a two-month suspension triggered by the Middle Eastern nation's attacks on Israel, according to Channel News Asia.
Central bank chief says stronger growth needed
Reuters, Published on 09/07/2024
» SYDNEY: Thailand's economic recovery is uneven and stronger growth is needed, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput told a seminar on Tuesday.
Thai AirAsia expects 2024 core profit to hit record
Bloomberg, Published on 09/07/2024
» Asia Aviation Plc, owner of Thailand’s biggest low-cost airline, expects record earnings from core operations this year as a surge in overseas visitors boosts seat demand and airfares.
Baht tipped to rise to 36.1 to the greenback
Business, Nareerat Wiriyapong, Published on 09/07/2024
» The baht could appreciate further to 36.1 to the US dollar in the short term following recent gains to a one-month high on Monday as weaker than expected US economic data prompted the market to anticipate the Federal Reserve may start trimming US interest rates in September.
Foreigners return amid uptick rule
Business, Nuntawun Polkuamdee, Published on 09/07/2024
» Foreign investors returned from net selling of 15 billion baht in June to net buying of nearly 5 billion baht last week, as the uptick rule took effect on July 1, resulting in a decrease in short selling to 1.5 billion baht per day from an average of 6.2 billion last month.
Matchmaker not fazed by dating apps
Business, Kuakul Mornkum, Published on 09/07/2024
» An executive from a traditional matchmaking business says her company is unfazed by the boom in online dating apps, as matchmaking caters to high earners who value privacy.
TAT eyes 7.5% revenue growth in 2025
Business, Molpasorn Shoowong, Published on 09/07/2024
» The Tourism Authority of Thailand (TAT) is targeting 7.5% revenue growth or 3.4 trillion baht in 2025, while private operators suggest offering subsidies for airfares to accelerate income.