Thailand must check the runaway gain in its currency as it makes it harder for exporters to compete in the global market, according to the Federation of Thai Industries. Authorities should curb foreign capital inflows if they continue to pressure the currency, FTI chairman Supan Mongkolsuthree said in an interview on Wednesday. The group considers baht […]
Read MoreThe tourism sector may have to wait until 2022 to see “normal” revenue, described as 80% of the pre-pandemic level, as major markets are reluctant to ease travel measures unless there is distribution of a successful vaccine, says the Tourism Authority of Thailand (TAT). TAT governor Yuthasak Supasorn said prospects in 2021 remain opaque as […]
Read MoreA Thai business group has called on the government to rev up promoting the local economy, especially through medical and wellness tourism, the creative and cultural economy, and digital platform development to reboot the country’s economic recovery after the Covid-19 crisis. The Thai Chamber of Commerce also proposes the government speed up effective water resource […]
Read MoreSINGAPORE – Thailand’s initial public offering market has chalked up another stellar performance, beating Singapore for the second year running as the top IPO market in South-east Asiam with the largest amount of funds raised, according to research from professional services firm Deloitte. Singapore had eight listings that raised a total of US$852 million (S$1.14 […]
Read More[BANGKOK] Thailand’s manufacturing production index (MPI) dropped a smaller-than-expected 0.54 per cent in October from a year earlier, with lower production of cars and clothes amid the coronavirus pandemic, the industry ministry said on Friday. That compares with a forecast for a decline of 1.80 per cent in a Reuters poll, and against September’s revised […]
Read MoreThailand’s economy is projected to recover slowly because of downside risks from domestic headwinds despite upbeat signals about Covid-19 vaccine development, says KKP Research. Although the economy gained traction in the third quarter, the economic recovery outlook remains fragile and uneven for different sectors and throughout Thailand, according to a report by KKP Research, the […]
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