Showing 1 - 10 of 16
Thai factory closures likely to worsen
Somruedi Banchongduang, Published on 07/02/2025
» More Thai factories are expected to close this year than in the past two years, according to Kasikorn Research Center (K-Research), citing a weakening manufacturing sector and several ongoing economic challenges.
Thailand aims for 3.5% GDP growth
Reuters, Published on 07/02/2025
» The government is targeting economic growth of 3.5% this year, supported by tourism, foreign investment and government stimulus, a deputy finance minister said on Friday.
Philippine rice buyers delay 350,000 tonnes of Vietnamese cargoes
Reuters, Published on 07/02/2025
» SINGAPORE - Rice importers in the Philippines have delayed purchases of around 350,000 metric tonnes of Vietnamese rice and are in the process of renegotiating deals, after a steep decline in prices, two trade sources with direct knowledge of the deals said.
Fuel consumption up in line with GDP last year
Business, Yuthana Praiwan, Published on 07/02/2025
» Fuel consumption rose by 2.1% last year to 155.4 million litres per day (MLD), in line with estimated GDP growth of 2.6-2.7%, which was driven by tourism-related businesses, says the Department of Energy Business.
Call for more tariffs alongside higher VAT
Business, Lamonphet Apisitniran, Published on 07/02/2025
» Most entrepreneurs want the government to raise tariffs on products imported to Thailand if it continues with its tax reform plan, according to the latest poll conducted by the Federation of Thai Industries (FTI).
Food Selection Group upbeat on outlook
Business, Kuakul Mornkum, Published on 07/02/2025
» Thai restaurant operators are bracing for higher raw material costs this year.
Meta rolls out new AI-driven ad tools
Business, Suchit Leesa-nguansuk, Published on 07/02/2025
» Meta is introducing new ad tools driven by artificial intelligence (AI) to serve strong demand.
Inflation advances for 10th month in a row in January
Business, Phusadee Arunmas, Published on 07/02/2025
» Inflation in January was 1.32%, marking 10 consecutive months of growth. The rise was driven by higher fuel costs and food and beverage prices.
Thai imports from the US may tick up
Business, Wichit Chantanusornsiri, Published on 07/02/2025
» Thai exporters risk higher US tariffs, while the Thai government could face pressure to import more goods from the US to reduce its trade surplus with the country, according to the chief of Kasikorn Research Center (K-Research).
Binance trumpets baht-backed stablecoins
Business, Nareerat Wiriyapong, Published on 07/02/2025
» The government should consider issuing stablecoins backed by the baht for use within the country, including the proposed Phuket crypto sandbox, as fiat-backed stablecoins are less volatile than other digital assets, notably Bitcoin, says the Thai unit of Binance.