BANGKOK After surging gold shipments helped push Thailand's baht to a 6-year-high, dealers in the yellow metal voiced doubt on Friday at the central bank's hopes of getting them to bring back their export proceeds more slowly.
BANGKOK Thailand is not in recession but growing below potential and the central bank is ready to take action if needed, while there are also plans for further measures to curb the baht's strength, central bank and government officials said on Thursday.
BANGKOK Thailand's central bank saw a need to preserve monetary policy space to address possible future risks, when it kept its benchmark rate on hold last month, meeting minutes showed on Wednesday.
BANGKOK Thailand's economic growth rate could slow to 2.9% this year and be 3.0% in 2020, reflecting external and domestic headwinds, the International Monetary Fund said.
BANGKOK In the face of a strong baht that has been Asia's best performing currency this year, Thailand will further relax rules on capital outflows before the end of the year, the central bank governor said on Friday.
BANGKOK Thailand is set to see a jump in visitors from China during the "Golden Week" holidays this week due to relaxation of visa rules and as safety worries after a boat accident last year recede, industry executives said.
* Baht is Asia's top performing currency this year
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BANGKOK Thailand announced a relocation package on Friday to attract foreign companies looking to moved production due to intensifying Sino-U.S. trade tensions, seeking to compete with Vietnam to lure manufacturers hit by tariffs.
BANGKOK Thailand is planning a "relocation package" of incentives to attract foreign companies looking to move production from China, officials said, seeking to compete with Vietnam to woo manufacturers looking to steer clear of the Sino-U.S. trade war.
BANGKOK Thailand's economy is just slowing but not in a recession yet and recently announced government stimulus measures should help lift growth to 3% this year, the country's finance minister said on Wednesday.