Thailandia
Vai alla Scheda Paese »If you want to win, you have to fight.
— Thai proverb
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Thai stocks tumble as China virus adds to economic woes
The Stock Exchange of Thailand index slumped on Monday amid concern China's ban on all group tours would damage the vital tourism industry, adding to the problems of a struggling economy.
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SET down 29.00 points to 1,540.55 at opening
Thai stocks opened down 1.85% at the start of trade this morning.
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Economy facing damage from China’s ban on group tours
The Thai economy faces fresh turbulence after China banned outbound group tours to try and limit the spread of the novel coronavirus that’s sickened thousands.
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FTA perks, GSP see 2019 dip
The use of free trade agreement (FTA) privileges and the Generalised System of Preferences (GSP) by Thai exporters dropped by 4.14% in the first 11 months of last year, in line with the country's overall lower exports.
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UTCC says budget delay will hit growth
The University of the Thai Chamber of Commerce (UTCC) has flagged concerns that the economy could expand by less than 2.5% this year if the annual budget bill for fiscal 2020 hits further snags after some MPs were reported to have voted in favour of the bill without being present ...
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Car production down in 2019
Car production fell 7.1% year-on-year in 2019 to 2.014 million units on contractions of both local sales and exports, the Federation of Thai Industries reported on Wednesday.
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Duty-free shops to open on southern border
An economic stimulus package to allow Thai citizens to buy goods at duty-free shops in three southern border provinces will be tabled for approval at a mobile cabinet meeting in Narathiwat on Monday and Tuesday, an official said on Sunday.
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World Bank cuts Thai 2020 GDP growth outlook to 2.7%
The World Bank downgraded Thailand's economic growth outlook for this year to 2.7%, but the latest revised figure is still higher than the bank’s growth estimate of 2.5% for last year.
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Headwinds mar 2020 export view
With a spate of risk factors including the ongoing trade war, US-Iran tensions and a strong baht, Thai exports are likely to remain in contraction this year.
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UTCC trims 2020 growth
Myriad negative factors, including lower exports, widespread drought, baht strength, political uncertainty and poor business sentiment have prompted the University of the Thai Chamber of Commerce (UTCC) to lower its economic growth forecast to 2.8% for this year.
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UTCC trims 2020 growth
Myriad negative factors, including lower exports, widespread drought, baht strength, political uncertainty and poor business sentiment have prompted the University of the Thai Chamber of Commerce (UTCC) to lower its economic growth forecast to 2.8% for this year.
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Gulf forms JV to supply utility services for One Bangkok
SET-listed Gulf Energy Development Plc on Friday announced a joint venture for power distribution and a district cooling system for the country's largest mixed-use project, One Bangkok
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New year, new hope
After a year of diminished expectations, one might wonder whether the Thai economy this year will expand at a lower rate, the same or a higher rate than last year. But before we look into the future, it is worth examining what happened in 2019.
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SMEs receive aid scheme of B280bn
Commercial banks are expected to offer combined loans worth 100 billion baht, while the state-owned Thai Credit Guarantee Corporation (TCG) is projected to help small and medium-sized enterprises (SMEs) tap credit facilities worth 180 billion baht under the government's latest relief package.
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Less than stellar run for SET
The Thai stock market eked out a gain in 2019, up 1.02%, as a slew of negative concerns such as the US-China trade spat, Brexit uncertainty and the stuttering local economy dampened sentiment.
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Thai labour law year in review
In this first Human Resource Watch column of 2020, Tilleke & Gibbins' labour and employment lawyers take a look back at three of the most common issues that our clients have asked us about over the past year, including some of the most significant recent legal developments and applications that ...
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BoI pushing Thai firms to South Asia
The Board of Investment (BoI) is encouraging Thai companies to expand their presence in South Asian markets, as many countries need new foreign direct investment in the renewable energy and construction sectors.
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Vision from on high
Even though the chief executives of top Thai companies expect the country's 2020 economy to continue to be stuck in the slow lane, they are optimistic that the growth pace will improve from last year, albeit at a muted canter.
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Stocks up slightly to end year's trading
Thai shares edged up 0.1% on the last trading day of 2019, the benchmark index posting a 1% yearly rise as confidence was muted by the prolonged US-China trade dispute and sluggish economic growth at home and abroad.
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Non-life premium growth nearing 5%
The non-life insurance segment is likely to meet its 5% growth target this year, with the recent Motor Expo helping to spur a year-end uptick in motor insurance premiums, says the Thai General Insurance Association (TGIA).
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MPI unlikely to hit 2019 growth target
Thailand's manufacturing production index (MPI) in 2019 is unlikely hit the target of 2-3% growth, attributed to US-China trade tensions and the bearish Thai economy, says the Office of Industrial Economics (OIE).