Thailandia
Vai alla Scheda Paese »If you want to win, you have to fight.
— Thai proverb
If you want to win, you have to fight.
— Thai proverb
Developing Asia’s economy will rebound faster this year than previously estimated, as nations tread diverging recovery paths, according to the Asian Development Bank.
Asia Aviation (AAV), the largest shareholder of Thai AirAsia (TAA), is preparing to restructure its business after securing 3.15 billion baht from a new investor as it was unable to obtain a soft loan from the government.
The cabinet on Tuesday approved in principle the Commerce Ministry's plan to reduce surcharges for Thai rice exporters on rice shipments under the EU and UK quotas.
Prime Minister Prayut Chan-o-cha has welcomed confirmation by the Japan Credit Rating Agency (JCR) that the Thai economy's outlook is stable despite the economic impact of Covid-19.
Domestic car sales in Thailand jumped 25.47% in March from a year earlier to 74,925 vehicles, helped by government stimulus, the Federation of Thai Industries (FTI) said on Tuesday.
Whether the state enterprise status of Thai Airways International Plc (THAI) will be returned depends on creditors, Finance Minister Arkhom Termpittayapaisith said on Friday.
The Commerce Ministry plans to upgrade its export growth forecast to more than 4% after Thai export value in March recorded 8.47% growth, driven by intensive economic stimulus policies in trading countries, worldwide vaccinations and higher crude oil prices.
GDP growth may dive to 1.6% this year if the government fails to stimulate an economy reeling from the third wave of the pandemic, says the University of the Thai Chamber of Commerce (UTCC).
The Thai economy could lose 100 billion baht ($3.19 billion) a month, mainly in the service sector, as a consequence of the latest outbreak of Covid-19, the University of the Thai Chamber of Commerce said on Thursday.
Commerce Minister Jurin Laksanawisit expects 8% growth of exports in March, driven partly by a squad of national and provincial "salesmen" who are helping arrange online business matching between Thai exporters and foreign buyers to boost trade.
The Thai economy is expected to grow 2.6% this year as the third wave of Covid is unlikely to affect the Stock Exchange of Thailand (SET) Index as much as the previous waves, says Asia Plus Securities (ASPS).
The Thailand Board of Investment (BOI) Frankfurt Office held the 7th Thai-Belgian Business Forum: Thailand’s Post COVID-19 Investment & Economic Outlook “Think Resilience, Think Thailand”
The Myanmar junta's brutal military repression against anti-coup demonstrators and airstrikes against innocent villages near the Thai border between March 27 and 30 has prompted acute rebukes and trade sanction threats from the international community.
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The new Covid-19 outbreak, which stunned Thai people with a new hardly controlled virus variant, continues to raise more concerns over economic health, adding fiscal-monetary burdens to the government, now likely to see GDP miss its target.
Efficient fiscal policy is needed to recover the economy in the rest of the year amid a lower space of both fiscal and monetary policies, warns Standard Chartered Bank (Thai).
A fresh round of Covid-19 infections in Bangkok has sparked fears of a prolonged lockdown, causing the SET Index to plunge 1.46% or by 23.10 points, closing at 1,556.56 points in trade worth 108 billion baht on Wednesday, propelling investors towards safe-haven assets like gold.
The Thai National Shippers' Council (TNSC) maintains its forecast of 3-4% export growth this year though the traffic slowdown at the Suez Canal and political unrest in Myanmar are threatening to affect 2021 exports.
Supports Thai entrepreneurs in applying digital technologies and expects to generate over 30 million baht with a plan to expand in six areas
Thai Oil Plc (TOP), Thailand's largest oil refinery by capacity, is planning to partner with petrochemical operators in Southeast Asia to jointly add value to its refined oil products and supply them as feedstocks for the downstream petrochemical industry.
Italthai Group is preparing a recapitalisation plan for its hotel business in Thailand to stem the impact of the pandemic because a full recovery is not expected for five years.