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 Economy
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23 Feb 09 13:50 GMT
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Thailand's economy down 4.3 % in 4th quarter
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Thailand's economy shrank 4.3% from a year earlier in the 4th quarter of 2008 due to a downturn in exports and tourism, the government said.
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Thailand's economy shrank 4.3% from a year earlier in the 4th quarter of 2008 due to a downturn in exports and tourism, the government said.
The National Economic & Social Development Board (NESD) said Monday that the economy dropped more than expected due to the global economic downturn, which affected exports, and... (read more)
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Economy
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02 Oct 07 10:43 GMT
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SME confidence index edges up in August
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TNA,
BANGKOK, Oct 1 – The SME confidence index increased in August since the political and economic situation has improved, according to the Small and Medium-sized Enterprise Promotion Office.
Chitraporn Taechacharn, the office’s director general, said the index rose to 43.8 from 41.8 in July with all categories ranging from... (read more)
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Economy
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24 Sep 07 09:38 GMT
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Local sales, exports of Thai jewellery tumble this year
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TNA,
BANGKOK, Sept 22 - Sales of jewellery and ornamental products in Thailand declined by half while their exports rose only 10 per cent from last year's, a senior official said Saturday.
Pornchai Chuenchomlada, president of the Jewellery Traders' Association, said current political turbulence in Thailand had forced foreign... (read more)
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Economy
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20 Sep 07 15:28 GMT
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Commerce minister upbeat over gems and jewellery exports
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TNA,
BANGKOK, Sept 19 - Thai Commerce Minister Krirkkrai Jirapaet on Tuesday expressed confidence that Thailand's exports of gems and jewellery would grow at least 10 per cent this year.
Speaking after presiding over the 40th Bangkok Gems and Jewellery Fair being held in Muang Thong Thani September 18-22, he said that the... (read more)
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Economy
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25 Feb 09 17:48
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Thai central bank cuts key rate to 1.5 % to help economy hit by global crisis
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Thai attempt to kick start export dependent economy in recession
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Thailand's central bank slashed its benchmark lending rate for the third time in as many months Wednesday, attempting to kick start an export-dependent economy headed for its first recession in 10 years.
The rate was lowered by half a percentage point to 1.5%, the Bank of Thailand said in a statement. The rate is now at its... (read more)
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