Discouraged by the drop in exports in both October and November, an exporter group acknowledged Tuesday that the country’s overall exports in 2018 were unlikely to achieve 8% growth as earlier forecast. Ghanyapad Tantipipatpong, chairwoman of the Thai National Shippers’ Council (TNSC), said shipments were likely to end the year at 7-7.3% growth in 2018. She forecast […]
Read MoreThe government has allowed the Thai-Chinese high-speed railway planned from Bangkok to Nong Khai to secure funding from overseas financial institutions, instead of from only domestic ones as earlier stipulated. Nathporn Chatusripitak, an adviser to the Prime Minister’s Office Minister, said the cabinet yesterday approved a proposal from the Finance Ministry to allow the ministry to borrow […]
Read MoreSeveral banks are poised to expand the scope of QR code payment service abroad, aiming to advance efforts towards a cashless society. Banks are seeking entry to regional markets under two business models, standardised QR payment and bank sponsorship, said Thai Bankers’ Association chairman Predee Daochai. Each bank will make its own decision on which […]
Read More(VEN) – Unpredictable changes in petrol prices and high pork prices were expected to affect the consumer price index (CPI) in the last months of the year. However, the government’s flexible management, changes in foreign markets and relative stability of petrol and pork prices have helped ease the pressure on the CPI. November CPI drops […]
Read MoreThe government has lowered its coal production target for this year to 480 million tons in an effort to stabilize the global coal price, an official has said. Last year’s target was 485 million tons, 25 percent of which was allocated to the domestic market obligation (DMO). Energy and Mineral Resources Ministry mineral and coal […]
Read MorePETALING JAYA: After a weak purchasing managers’ index (PMI) cast a pall over the economy, business confidence expectations for the first half of the year has weakened among corporates and small and medium enterprises (SMEs), according to the RAM Business Confidence Index (RAM BCI). The poll conducted on 3,500 firms in Malaysia has fallen to […]
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Thailand
