The Third Cambodia-Thailand Joint Cabinet Retreat that will be held in Siem Reap province on Thursday and Friday will discuss bilateral issues ranging from development cooperation to border development, and trade and investment, according to the spokesperson of the Ministry of Commerce. “The joint cabinet meeting of Cambodia and Thailand will see both governments commit […]
Read MoreTwo divergent trends have prevailed in the Thai economy, with cross-border sectors thriving while domestic ones remain stagnant, according to a bank research unit. The economy has clearly split into two recently, said Phacharaphot Nuntramas, head of economic and financial market research at Siam Commercial Bank’s Economic Intelligence Center. The sectors involving foreign countries such […]
Read MoreThai annual headline consumer prices rose for a second straight month in August, government data showed on Friday, but the inflation rate was still low, giving the central bank ample room to keep monetary policy loose to support the economy. Headline consumer prices increased 0.32% in August from a year earlier, after a 0.17% rise […]
Read MoreThe July manufacturing production index (MPI) rose 3.7% to 109.16, but its growth rate is still slower than the average the index posted in the first seven months of the year. The tepid, but positive, showing was supported by hefty exports over the past few months, according to the Office of Industrial Economics (OIE). The […]
Read MoreThe number 8 is typically viewed as lucky in Chinese culture. Right now, however, 8 is a hideous number for many Thai exporters, since that is how much the baht has appreciated in percentage terms since the Year of the Rooster began. Two questions arise: (1) what are the underlying factors behind the baht’s current […]
Read MoreThe Revenue Department hopes to collect revenue of 1.926 trillion baht in the 2018 fiscal year which starts on Oct 1, up about 7% on 2017. Director-general Prasong Poontaneat said revenue in fiscal 2017 was likely to meet the target, supported by the economic recovery. In the first 10 months of fiscal 2017 (October […]
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Thailand
