The Thailand Industrial Sentiment Index (TISI) has grown for the seventh consecutive month to 87.4 points in November from 86 points in October, proving that confidence in the manufacturing sector is improving, Supant Mongkolsuthree, chairman of the Federation of Thai Industries (FTI), said. This confidence has been evidenced by an increase in orders, sales and […]
Read MoreThe central bank said on Thursday it did not see a big impact on foreign trade and investment from being put on a US currency watch list, nor should it impede its ability to conduct macroeconomic policies to safeguard domestic stability. The comment came after Washington put Thailand on its watch list of countries suspected […]
Read MoreThe Finance Ministry is assessing consumer demand for the co-payment scheme, with the possibility of launching a third phase of registration if necessary. “We are not closing in on increasing the number of eligible people by more than 5 million for a third-phase [registration],” said Finance Minister Arkhom Termpittayapaisith. Mr Arkhom’s remarks came after 5 […]
Read MoreWASHINGTON: The US Treasury labeled Switzerland and Vietnam as currency manipulators on Wednesday and added three new names, including Thailand, to a watch list of countries it suspects of taking measures to devalue their currencies against the dollar. In what may be one of the final broadsides to international trading partners delivered by the departing […]
Read MoreInvestment budget disbursement for the first two months of fiscal 2021 was almost 16% of total investment expenditure, says the Comptroller-General’s Department. Investment budget disbursement totalled 101 billion baht, accounting for 15.5% of the total investment budget of 649 billion for fiscal 2021, said Poomsak Aranyakasemsuk, the comptroller-general. The disbursement ratio was slightly higher than […]
Read MoreThe government should extend the property tax incentives that expire on Dec 24, temporarily revoking the lending curbs to provide a longer visa for foreign buyers, which would support the housing market in 2021, say three real estate associations. Chaiyarat Thampeera, a director of the Thai Condominium Association, said the government should offer incentives to […]
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