Shenzhen, with economic, technological and capital strengths, has large potential of cooperation with the five Mekong countries and the city’s enterprises can make big contributions to their economies. Officials and business leaders made the remarks on Tuesday at the themed event of 2023 Lancang-Mekong Cooperation Week in Shenzhen. The event also featured the launch of […]
Read MoreFuel consumption in the first quarter of this year exceeded its pre-Covid average level, according to the Department of Energy Business (DOEB). The department reported that in the first quarter the country consumed the equivalent of 160.85 million litres a day, compared with an average 157.7 MLD in 2019, 133.15 MLD in 2021 and 151.16 MLD […]
Read MoreThe dollar value of Thai exports contracted less than expected in March as shipments of some key items improved, and the Ministry of Commerce now says it expects some export growth for the full year. Exports dropped 4.2% in March from a year earlier, far better than the forecast for a drop of 14% in a […]
Read MoreTHAILAND’S finance ministry has lowered its 2023 economic growth outlook to 3.6 per cent from 3.8 per cent projected earlier, on expectations of a fall in exports as global demand weakens, officials said on Tuesday (Apr 25). Exports, a key driver of Thai growth, are expected to drop 0.5 per cent this year, compared with […]
Read MoreThailand plans to sell 40 billion baht (UScopy.17 billion) of government savings bonds next month to help finance a budget deficit, a finance ministry official said on Wednesday. The seven and 10-year bonds will be offered from May 10, Jindarat Viriyataveekul, deputy head of the ministry’s public debt management office, told a news briefing. Source: https://www.bangkokpost.com/business/2557666/big-bond-sale-to-finance-govt-deficit
Read MoreThe Federation of Thai Industries (FTI) expects car manufacturing in Thailand to reach 2 million cars this year, close to the level recorded prior to the Covid-19 pandemic, despite concerns over the impact of costly electricity bills and banking problems overseas. The Automotive Industry Club under the FTI earlier set the 2023 production target at 1.95 […]
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Thailand
