Connect with us
CGIF-10th-Year-Anniversary

Economics

Thai Industrial confidence rises for second consecutive month

The Federation of Thai Industries (FTI) says Thai Industries sentiment index (TISI) rose again from 82.8 point in September to 84.7 points in October.

Aishwarya Gupta

Published

on

The Federation of Thai Industries (FTI) says Thai Industries sentiment index (TISI) rose again from 82.8 point in September to 84.7 points in October.

FTI says the October figure marks the second consecutive months increase and the highest level in five months.

However, auto sales decreased by 4.2% in October from a year earlier due to the slowdown in the Thai economy and stricter lending for auto purchases.

FTI says a total of 67,908 vehicles were sold last month. It says  for the first 10 month of this year, auto sales totaled 621,740, dropping 13.6% from a year earlier.

Auto exports in October amounted to 111,229, up by 9% year on year.

Thai exports drop 8 percent in October

Thai exports for the month of October dropped 8.11 percent to US$18.5 billion compared to the same period last year, said Commerce Minister Apiradee Tantraporn.

Meanwhile, imports during the same period dropped 18.21 percent to US$16.4 billion resulting to Thailand’s trade surplus of US$2.1 billion.

Thai Economic growth to stand at 2.9% in 2015

Economic growth this year is expected to stand at 2.9% –  the highest growth in three years, according to the Office of the National Economic and Social Development Board (NESDB).

The forecast was based on the growth in the third quarter. NESDB deputy secretary-general Porametee Vimolsiri stated that the economic growth in the third quarter of this year rose from 2.8% the previous quarter to 2.9%.

Comments

Economics

96% of Foreign Investors still confident in Thailand says BOI

The Board of Investment of Thailand’s (BOI) latest survey, shows most foreign investors, estimated at 96%, are still confident in the country, and are willing to bring forward their investments.

National News Bureau of Thailand

Published

on

BANGKOK (NNT) – With the COVID-10 pandemic causing significant disruption around the world including in Thailand, the Board of Investment of Thailand’s (BOI) latest survey, shows most foreign investors, estimated at 96%, are still confident in the country, and are willing to bring forward their investments.

(more…)
Continue Reading

Economics

Thailand Tops Bloomberg’s Emerging Markets List

Bloomberg surveys show that analysts are penciling in high rates of growth next year for some of those that have been hardest-hit in 2020.

Boris Sullivan

Published

on

Thailand and Russia are well placed to be among the emerging-market standouts that could beat expectations next year, according to a Bloomberg study of 17 developing markets gauging their outlook for 2021.

(more…)
Continue Reading

Economics

COVID-19 pandemic wiped out 81 million jobs in Asia-Pacific countries

Some 81 million jobs lost as COVID-19 creates turmoil in Asia-Pacific labour markets, according to ILO report.

Boris Sullivan

Published

on

Drops in working hours due to the Covid-19 crisis have had a devastating effect on jobs and incomes in Asia and the Pacific according to a new report by the International Labour Organization (ILO).

(more…)
Continue Reading
Advertisement

Latest

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,413 other subscribers

Trending