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Export forecast revised down over global uncertainty

Export forecast revised down over global uncertainty WEDNESDAY, 6 JULY 2016 – Business leaders yesterday slashed their projection for this year’s exports, but maintained the country’s economic growth forecast on anticipation that the robust tourism sector and accelerated public spending would offset bleak outbound shipments. This year’s exports are expected to register anywhere from a […]

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Toyota Thailand to cut 800 workers

Toyota Thailand to cut 800 workers WEDNESDAY, 6 JULY 2016 – In a clear sign of the country’s economic woes, Japanese carmaker Toyota Motor Thailand has launched a voluntary redundancy programme, aiming to shed 800 workers. According to Phuphal Samata, president of Toyota Thailand Workers’ Union, the programme has been offered to contract workers, who […]

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SET up 0.45 to 1,450.52 at midday

SET up 0.45 to 1,450.52 at midday WEDNESDAY, 6 JULY 2016 – The Stock Exchange of Thailand main index climbed 0.03%, or 0.45 points, to 1,450.52 at noon on Wednesday. Total trading value was 24.5 billion baht, with 5.85 billion shares changed hands. SET50 index dropped 0.08%, or 0.71 points, to 912.77 in trade worth […]

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Inflation for June ups 0.38 percent

Inflation for June ups 0.38 percent SATURDAY, 2 JULY 2016 – Consumer’s price index or inflation for the month of June was registered at 107.05 points, representing an increase of 0.38 percent compared to the same period last year, according to the Office of Trade Policy and Strategy. Read More?

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Rough year for Thai imports

Rough year for Thai imports TUESDAY, 21 JUNE 2016 – An uncharacteristic slump in imports from Thailand since the start of the year is the result of lower oil prices and fierce competition from cheaper Chinese and Vietnamese products, representatives from the Thai embassy in Phnom Penh said yesterday. According to the embassy’s trade data, […]

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