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Orathai Sriring

Thailand unveils 'relocation package' to draw firms hit by trade war

06 Sep 2019

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.

Thailand to unveil 'relocation package' to woo firms hurt by trade war

05 Sep 2019

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.

Thailand says economy slowing but no recession, stimulus to lift growth

04 Sep 2019

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.

Thai c.bank remains worried about high household debt - meeting minutes

21 Aug 2019

BANGKOK, Aug 21 Minutes of the latest Bank of Thailand policy meeting, where the benchmark rate was surprisingly cut, show that the central bank continues to feel financial system risks "pose vulnerabilities to financial stability".

UPDATE 1-Thai c.bank will cut 2019 growth forecast again as risks rise -governor

19 Aug 2019

* Says worried about baht strength, will act on excessive moves

Thailand cuts 2019 growth forecast after worst quarter in nearly five years

19 Aug 2019

BANGKOK Thailand's economy expanded at its slowest pace in nearly five years in the second quarter as traditional growth drivers sputtered, which led the government to significantly cut its forecast for full-year expansion.

Thailand plans $10 billion stimulus to support economy

16 Aug 2019

BANGKOK Thailand is planning a stimulus package worth $10 billion that will include support for farmers and tourism, its finance minister said on Friday, in a move to shore up a flagging economy.

Thai second-quarter GDP growth seen weakest in four-and-a-half years as exports tumble: Reuters poll

15 Aug 2019

BANGKOK Thailand's economic growth likely slowed in April-June from the prior three months, with the annual pace the weakest for any quarter in four and a half years, amid cooling global demand and trade tensions, a Reuters poll showed.

Thai central bank seen holding key rate despite slow growth, strong baht: Reuters poll

05 Aug 2019

BANGKOK Thailand's central bank is expected to keep its benchmark policy rate steady on Wednesday for a fifth straight meeting, a Reuters poll showed, despite sagging growth, a strong baht and easing moves by other Asian central banks.

UPDATE 1-Thai domestic car sales suffer first fall in 2-1/2 years in June

18 Jul 2019

BANGKOK, July 18 Thailand's domestic car sales declined for the first time in 30 months in June, as finance firms used stricter lending criteria after the central bank moved to talk down a surge in auto loans amid concern about high household debt.

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