Thailand’s manufacturing production index (MPI) in May dropped by a less than expected 3.14% from a year earlier as exports weakened, the Industry Ministry said on Friday. The figure compared with a forecast in a Reuters poll for a fall of 4.5% in May. Output contracted 8% year-on-year in April. In the January-May period, the […]
Read MoreNational Assembly members have called on the government to take stronger action to handle spiralling inflation and currency exchange rates to minimise the hardships faced by the general public. Senior government officials were bombarded with questions by NA members, who expressed their concern over the continuing dire state of the economy, with more and more […]
Read MoreSEMENYIH: The ceiling price of local rice will be maintained at RM2.60 per kg and there will be no increase in July, said Chan Foong Hin. The Deputy Agriculture and Food Security Minister said his ministry would also ensure adequate local rice supply and refuted claims of a supply shortage. Consumers, he said, could file […]
Read MoreThailand’s economy is projected to expand 3.9% in 2023 from 2.6% last year because of stronger demand from China, Europe and the US, private consumption growth and a recovery in tourism, says the World Bank in its semi-annual Thailand Economic Monitor. Growth is expected to moderate to 3.6% next year and 3.4% in 2025, with tourism […]
Read MoreMANILA, Philippines — The government will closely monitor various state agencies that have been underspending their allocation as slow disbursements could impact economic growth this year. Finance Secretary Benjamin Diokno said the economic team would look at every department that has been slow in utilizing their budget. “This is some kind of discouraging because we […]
Read MoreThe sub-decree that Prime Minister Hun Sen signed Monday for the complete implementation of Law on Investment will provide bounteous incentives and options to local and foreign investors compared to the previous offers, said experts. According to experts, the government has offered two options to investors for qualified investment projects or QIPs, which would be […]
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Thailand
