Tag Thailand

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Government Housing Bank of Thailand ready to raise deposit rates

The Government Housing Bank (GHB) announced that the Asset, Liability and Financial Management Committee (ALCO) of the Government Housing Bank prepared an urgent meeting to consider raising interest rates on various types of bank deposits For example, some types of…

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Thailand’s trade deficit continues to widen in August

The Minister of Commerce announced that Thai exports reached THB 23,632.7 million in August 22, up 7.5% against the expected market growth of 7.3-7.7%, bringing exports in the eight months of this year (Jan.-August) to THB 196,446.8 million, up 11.0%.…

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Car sales in Thailand up 61.72% in August

According to the Federation of Thai Industries (FTI), Thai car sales rose 61.72% year-on-year to 68,208 units in August, reflecting the easing of measures to curb the spread of COVID-19 and the low level last year. In July, the year-on-year…

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Thailand’s general CPI rose by 7.86% in August

Data from the Ministry of Commerce showed Monday that Thailand’s general consumer price index (CPI) rose 7.86% in August from a year earlier, roughly in line with expectations. A 7.85% increase had been expected in August, followed by a 7.61%…

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Thailand’s industrial production up 6.37% in July

The Office of Industrial Economics of Thailand (OIE) announced that the July industrial production index (MPI) was 95.71, up 6.37% from the same period last year. In the first 7 months of this year (Jan.-Jul.), growth averaged 1.23%. The capacity…

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