Economy and commerce
Growth outlook below potential, but no crisis yet: BoT governor
Thailand’s economic growth forecast of 2.8% for this year is below potential, the central bank governor said on Monday, adding the bank was ready to review monetary policy if conditions worsen.While the Bank of Thailand (BoT) downgraded the 2019 growth outlook from the previous 3.3% ...
Border trade contracts 0.07%
Trade growth in Thailand’s border areas has slowed down due to the struggling global economy and the ongoing trade war between China and the United States of America. In the first eight months of this year, Thailand’s border trade was valued at 915 billion baht, ...
Praphorn Praphornkul
Experts warn unemployment will rise as world economy slows down
The Economic and Business Research Center for Reform at Rangsit University’s Institute of Economics predicts Thailand’s ease of doing business will improve due to positive impacts of long-term investment, but fears that in the short term, the unemployment rate will rise and personal income will ...
The Nation Reporter
China’s planned focus on domestic economy ‘will hit Thai exports badly’
Thai exporters will face the biggest challenge once China shifts its focus to its domestic economy as a result of is trade war with the United States.In an interview with Nationmultimedia Group, Chinese Ambassador to Thailand Lyu Jian confirmed that though China with continue supporting ...
Wichit Chaitrong
Consumers’ rights to be protected under new MoU
The Electronic Transactions Development Agency (ETDA) last week signed a memorandum of understanding (MoU) with major consumer organizations and private companies on a consumer protection initiative covering products and services sold online.Keep reading ...
The Nation Reporter
Baht may be primed for further gains
The Thai baht has been the runaway success among Asian currencies this year — surging more than 6% while the US-China trade war has punished peers such as the South Korean won and Chinese yuan. There are two reasons why it may rise even more.Keep ...
Trade war bolsters Chinese interest in Thailand
More Chinese manufacturers are looking to Thailand as a production base to avoid US tariffs, based on trends in demand for industrial estates.WHA Corp, the top Thai provider of such estates, said it expects Chinese companies to account for as much as half of its ...
Thai exports see 4% drop in August
Thai exports dropped 4 per cent in August, representing a loss of US$21.9 billion, largely as a result of imports being front-loaded to avoid US tariffs coming into effect on September 1, the Commerce Ministry reported on Friday.Keep reading ...
Somluck Srimalee
Politics of regional trade liberalisation
As multilateral trade negotiations have become unworkable, regional and bilateral alternatives are on the rise. In Thailand’s neighbourhood, the most consequential of these trade vehicles is the Regional Comprehensive Economic Partnership (RCEP). Keep reading ...
Thitinan Pongsudhirak
Thai, Cambodian SEC sign pact on capital markets
Cambodia and Thailand’s Securities Exchange and Commission (SEC) yesterday signed a memorandum of understanding (MoU) on mutual cooperation for capital market development through cross-listing, dual listing and depositary receipt offerings.Keep reading ...
Bangkok Post Reporter