Track Thailand's economy in English — business, trade, finance and market news, covered by Thai PBS World, Thailand's public broadcasting service.
A total of a million people have registered to join the government’s Chim-Shop-Chai (Taste-Shop-Spend) program, under which each of them will receive a 1,000 baht giveaway to be spent between September 27th and November 30th, on the first day. The government has set a target of ten million registered people as part of the economic
The first thing visitors approaching the small Danish island of Samso would notice are the white wind turbines rising out of the sea waters. And the closer they get, more wind turbines towering over green fields appear before their eyes. And that was exactly what a group of Thai journalists saw when they arrived at
Higher global crude oil prices following Saudi oil attacks may increase Thailand’s inflation rate this year by 0.3 percent, according to Kasikorn Research Center. The think tank made an assessment on such an impact on the Thai economy is based on two scenarios. First, if Saudi Arabia does not launch military retaliation, global crude oil
Thailand’s Energy Policy Board has scheduled a special meeting on Tuesday to discuss measures to cushion the impacts from oil price increases on the cost of living, following drone attacks on Saudi Arabia’s major oil installations over the weekend. The attacks stopped about half of the Saudi oil industry’s production and sent global oil prices
The Federation of Thai Industries (FTI) is hoping that the Monetary Policy Committee of the Bank of Thailand will make another cut in the policy interest rate, currently set at 1.5%, to prevent the baht currency from strengthening further. FTI vice president Mr. Kriangkrai Thiennukul said today that the FTI is seriously concerned that several
Besides being among the world’s happiest nations, Finland and Denmark have another thing in common: They are both equally ambitious to become the world’s first carbon-free country. Finland’s left-leaning coalition government, which came to power in the elections in April this year, has embarked on a daring plan to make the country carbon neutral by
(AFP) The Hong Kong Stock Exchange has bid almost £32 billion for its London rival in a shock move Wednesday to bring together two of the world’s largest financial hubs in Asia and Europe. The blockbuster proposal including debt, worth $40 billion or 36 billion euros, is dependent on the London Stock Exchange Group (LSEG)
Most poll respondents do not believe that Thailand’s economy will improve if the Constitution is amended because they are unrelated issues. Meanwhile, some insist that economic improvement rests with the government’s economic management abilities. The poll was conducted by the National Institute of Development Administration, or NIDA, on September 5th and 6th. A total of
China’s exports fell by 1.0 percent on-year in August, official data showed Sunday, amid a bruising trade war with the US that has roiled markets in the world’s top two economies. The drop comes after a surprise 3.3 percent rebound in July despite the yearlong battle with Washington and weakening global demand. But economists cited
(AFP) US and Chinese trade negotiators will resume talks in Washington in early October, Beijing said Thursday, after new punitive tariffs raised fears of a breakdown in the protracted negotiations. The world’s two biggest economies have been embroiled in a tense year-long trade war, which escalated further on September 1 when both sides implemented fresh
Thailand’s commercial banks have recently agreed, in principle, with the Bank of Thailand to set lending guidelines by limiting a borrower’s debt-to-service ratio (DSR) to 70%, for those earning up to Bt30,000 per month, in an effort to fix expanding household debt, which is regarded as risk to overall financial stability. The guidance detail has
Thai Airways International, the national flag carrier, appears to be in a deep financial crisis and may have to delay debt repayments or seek new loans. THAI president Sumet Damrongchaitham said this morning (Monday) that he has asked the company’s executives, himself included, to cut their meeting allowances and remuneration voluntarily to show spirit in
