The Magazine for Asian Investors
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…
Thailand’s central bank has raised its key interest rate to curb the highest inflation in 14 years and ensure a sustained economic recovery while leaving its growth forecast for 2022 at 3.3%. The Bank of Thailand (BOT) said the policy…
The Prime Minister’s Office reveals the results of the survey on the Thai automotive industry in the next 9 years (2022-2031) that there is still a good growth trend due to the government’s investment promotion policy and the signing of…
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%.…
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…
The Federation of Thai Industries (FTI) announced that the industry confidence index rose to 90.5 in August from 89.0 in July, marking the third consecutive month of improvement. The main domestic supporting factors are various economic activities returning to normal…
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%…
Many economists have warned that Asia is likely to be hit by a recession in the U.S. However, some countries in Southeast Asia will be hit harder than others, including Singapore and Thailand. The U.S. continues to struggle with inflation…
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…
The Deputy Prime Minister and Minister of Commerce announced that Thai exports reached $23,629.3 million in July 2022, up 4.3% from July 2021, with the market forecast at 10.7-11%. In the first seven months of this year, exports increased by…
