The government is expected to revise its list of “Test & Go” countries following the spread of the Omicron variant of Covid-19 as details on Monday emerged of the country’s earliest recorded local case of the strain. Gen Supoj Malaniyom, chief of the Centre for Covid-19 Situation Administration’s (CCSA) operations base, said the list of […]
Read MoreThe government is upbeat about export performance this year, projecting outbound shipments to grow by 16% to US$268 billion (about 8.5 trillion baht) boosted by a robust global economic recovery, higher rates of vaccination worldwide, and economic stimulus packages among major trading partners. For 2022, the Commerce Ministry forecasts export growth of 3.5-4.5%, reaching $278-280 […]
Read MoreOffering prices for residential units in Greater Bangkok during the third quarter of 2021 fell to the lowest level since the fourth quarter of 2016 because of the ailing economy, according to property website DDproperty.com. Country manager Kamolpat Swaengkit said 2021 was a challenging and volatile year for the property market as Covid-19 affected all […]
Read MoreThe baht opened at 33.61 to the US dollar on Tuesday,weakening from Monday’s closing rate of 33.59. The Thai currency is likely to move between 33.50 and 33.75 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht might weaken due to the worry from the Omicron […]
Read MoreExports rose a more-than-expected 24.7% in November from a year earlier, Commerce Minister Jurin Laksanawisit told a news conference on Monday. That compared with a forecast for a rise of 18.0% in November in a Reuters poll and comes after October’s 17.4% increase. In January-November, exports rose 16.4% from a year earlier. Source: https://www.bangkokpost.com/business/2234979/november-exports-jump-24-7-y-y
Read MoreThe government will work to achieve economic growth of 4% next year despite a lacklustre recovery in tourism, according to Finance Minister Arkhom Termpittayapaisith. The ministry and the Bank of Thailand will work closely to coordinate financial and fiscal policies to ramp up growth to 4% next year, Mr Arkhom told an economic seminar at […]
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