The weak baht could be beneficial to the Thai economy, helping boost tourism and exports, Prime Minister and Finance Minister Srettha Thavisin said on Tuesday. Source: Business
Read More »China's Evergrande resumes Hong Kong trading
HONG KONG – Shares in Chinese property giant Evergrande rose as trading resumed on Tuesday, following a suspension last week when the heavily indebted company announced its boss was under criminal investigation. Source: Business
Read More »Nation aims to be upper-income by 2027
The government will turn Thailand into an upper-income country within four years, says Prime Minister Srettha Thavisin. Source: Business
Read More »PM meets central bank chief
Prime Minister Srettha Thavisin said on Monday he would hold more talks with Bank of Thailand governor Sethaput Suthiwartnarueput to fine-tune their views on the country’s economic, financial and monetary affairs. Source: Business
Read More »Price cut for 150,000 items
The prices of more than 150,000 products and services will be cut by as much as 87%, effective immediately, until the end of December. Source: Business
Read More »World Bank cuts Thai growth to 3.4%
The World Bank trimmed Thailand’s economic growth forecast for this year and 2024 based on anticipation the country’s exports would contract due to easing global demand. Tourism and private consumption are the key fuel driving economic growth. Source: Business
Read More »State urged to allow Egat to produce more electricity
Former executives and a labour union leader of state-run Electricity Generating Authority of Thailand (Egat) have called on the government to allow Egat to produce more power in order to depend less on electricity purchased from power companies, which is blamed for placing an additional financial burden on Egat. Source: …
Read More »SET target revised down after months of decline
Stock market analysts have revised down the Stock Exchange of Thailand (SET) index target this year after the index dropped to a three-month low of around 1,470 points, though they noted that further downside is now limited. Source: Business
Read More »PM says meeting with Bank of Thailand chief 'productive'
Prime Minister Srettha Thavisin said his meeting with central bank governor Sethaput Suthiwartnarueput on Monday discussed economics and finance. Source: Business
Read More »PM meets Bank of Thailand chief after shock rate hike
Prime Minister Srettha Thavisin said his meeting with central bank governor Sethaput Suthiwartnarueput on Monday discussed economics and finance. Source: Business
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