Thailand’s exports are expected to rise 15% in the second quarter from a year earlier, powered by improved global demand and after coming off a low base last year, the shippers’ council said on Tuesday. While maintaining its export growth forecast of 6%-7% this year, the group said shipments could rise 10%-15% if the country […]
Read MoreThe Mall Group, the operator of The Mall, The Emporium, EmQuartier and Siam Paragon, has collaborated with six leading financial institutions and the Bank of Thailand (BoT) to design special soft loan packages for its partners, including small and medium enterprises (SMEs) to restore their business capacity and extend their business in the post-Covid-19 era. […]
Read MoreThe Bank of Thailand (BoT) predicts that economic recovery will be delayed to the first quarter of 2023, mainly due to the third wave of infections, while vaccination is a key factor to reviving the Thai economy. The Covid-19 outbreak has brought about a public health crisis and battered the economy and local businesses, especially […]
Read MoreThe government has pinned its hopes on fresh measures to help alleviate hardships of people affected by the Covid-19 pandemic and to boost domestic consumption worth a combined total of 140 billion baht. The measures are scheduled to go before the cabinet today. Deputy Prime Minister Supattanapong Punmeechaow said the fresh measures will play a […]
Read MoreThe baht opened at 31.19 to the US dollar on Tuesday, strengthening from 31.24 at close on Monday. The Thai currency is likely to move between 31.15 and 31.25 during the day, Krungthai Bank market strategist Poon Panichpibool said. He explained that the baht was moving in a narrow range, despite the weakening dollar and […]
Read MoreThailand saw its manufacturing production index (MPI) increase in April by 18.46% year-on-year to 91.88 points, however, capacity utilisation decreased due in part to the impact of the third wave of Covid-19. The rise of MPI was partly attributed to increased exports in April as well as global economic recovery due to Covid-19 vaccine rollout […]
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Thailand
