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BOT to Deliver Third Rate Hike
BANGKOK (NNT) - The Bank of Thailand (BOT) is set to raise interest rates by another quarter-point on Wednesday (30 Nov) for a third straight meeting amid fragile growth and signs of easing inflation has started to ease. The widely-expected move to raise the benchmark one-day repurchase rate by 25...
Real estate sector views Cabinet endorsement positively
BANGKOK (NNT) - The Cabinet recently endorsed the drafting of a ministerial regulation that will enable certain foreigners to purchase 1 rai of land in Thailand. The buyer would need to invest at least 40 million baht in Thailand and retain the investment for at least 3 years. The...
Confidence Higher After Earnings Report
BANGKOK (NNT) - The government has voiced confidence that economic measures are on track, following reports that it collected 1.87 trillion baht in revenue in the first nine months of fiscal 2022. According to Government Spokesperson Thanakorn Wangboonkongchana, Prime Minister Gen Prayut Chan-o-cha thanked all agencies for their contributions to...
Thailand Aims to Become Hemp Production Hub
BANGKOK (NNT) - The government is proceeding with plans to make Thailand a regional manufacturing center for hemp products over the next five years, with the goal of generating at least 25 billion baht in revenue. According to Industry Minister Suriya Jungrungreangkit, the value of hemp cultivated and harvested in...
Thailand’s CCI Continues Upward Trend
BANGKOK (NNT) - The consumer confidence index (CCI) for Thailand increased in June for the first time in six months, buoyed by emerging signs of economic recovery due to the continued easing of Covid- Source link
Thailand Welcomes Saudi Business Delegations
BANGKOK (NNT) - The Thai Chamber of Commerce (TCC) and Board of Trade of Thailand have welcomed Saudi business delegations during their visit to Thailand to attend meetings, conduct observation tours and participate in the Board of Trade of Thailand-organized Thai-Saudi Business Forum. The Saudi group recently toured the Halal...
DTN Urges Durian Farmers to Take Advantage of Current FTAs
BANGKOK (NNT) - This month marks the beginning of the fruit season in Thailand amid rising demand for Thai fruits abroad, particularly durian, the king of fruits.Through the...
Government to Speed Up EV Production Plans
BANGKOK (NNT) - Thailand is speeding up its plan to manufacture electric vehicles (EVs) for domestic use by 2023. Prime Minister Gen Prayut Chan-o-cha declared the government’s objective to accelerate EV assembly at a seminar organized by the Federation of Thai Industries (FTI) this week. The announcement comes after the...