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Thailand: Feb exports fall less than forecast

Thailand’s customs-based exports contracted for a fifth straight month in February, down 4.7% from a year earlier, due to a slowing global economy, the Commerce Ministry said on Thursday. That compared with a forecast year-on-year fall of 6.9% for February in a Reuters poll, and came after January’s 4.5% drop. The fall was also due […]

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Western slowdown to weigh on Thai production

Thai exports are likely to be indirectly affected by banking problems in the US and Europe, slowing an already sluggish sector and causing a drop in the Manufacturing Production Index (MPI), according to the Office of Industrial Economics (OIE). The index dipped 0.45% to 98.9 points in February on a monthly basis, with the March MPI […]

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