Kitiphong Thaichareon

UPDATE 1-Thai Jan domestic car sales tumble 21.3% y/y after virus outbreak

Feb 18 2021

* Industrial confidence at 6-month low in Jan (Adds detail, car exports, industrial sentiment)

UPDATE 2-Thailand downgrades economic outlook despite smaller Q4 GDP fall

Feb 14 2021

BANGKOK, Feb 15 Thailand cut its estimate for economic growth this year to 2.5-3.5% after suffering its worst slump in more than two decades in 2020 due to the shock from the COVID-19 pandemic.

UPDATE 1-Thai fiscal and monetary policies must work in step - fin min

Feb 11 2021

BANGKOK, Feb 11 Thailand's fiscal and monetary policies must work in step as the government tries to revive the tourism-reliant economy after a recent wave of coronavirus infections, the finance minister said on Thursday.

Thailand foreign investment pledges slump 54% in 2020, outlook hazy

Feb 10 2021

BANGKOK, Feb 10 Foreign investment applications in Thailand dropped 54% to 213 billion baht ($7.12 billion) in 2020 as companies were deterred by the coronavirus pandemic, while this year's outlook remains uncertain, an investment agency said on Wednesday.

UPDATE 1-Thai consumer mood hits 9-month low after new virus outbreak

Feb 04 2021

* Economy may grow better than expected on stimulus - university (Adds details, comments from finance and labour ministers)

UPDATE 2-Thai c.bank leaves rate at record low, warns of economic risks

Feb 03 2021

* Central bank holds key rate at record low 0.50%, as expected

UPDATE 1-Thai fin ministry cuts 2021 GDP growth outlook on tourism slump

Jan 28 2021

* Raises 2021 export outlook to +6.2% from +6.0% (Adds quote, detail)

Thailand may see 1 mln tourism job losses in Q1 after new outbreak

Jan 26 2021

BANGKOK, Jan 26 Thailand could see a million more jobless tourism workers in the first quarter after its latest wave of coronavirus infections, while relief measures are urgently needed to support the struggling sector, a private tourism group said on Tuesday.

Thai economy may grow 3-4% this year after COVID-19 reemerges - FinMin

Jan 21 2021

* Says govt has room to borrow more if necessary (Adds details, quotes)

UPDATE 1-Thai domestic car sales may fall 5.3% this year - federation

Jan 20 2021

* 2020 sales fall 21.4%; car exports slump 30.2% (Recasts with outlook, adds industry sentiment)

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