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RARE PHOTOS: Amonp chawla - The Real Truth

CIMBT projects 1% dip in exports next year

CIMB Thai Bank (CIMBT) predicts exports will contract 1% next year, suffering from a global slowdown and fears of a recession in key global economies.

Bangkok Post

Bumpy road to recovery

Even as Thailand continues on its path to economic recovery in the fourth quarter, buoyed by tourism and domestic consumption, businesses are still unnerved by pressing challenges, including high inflation, a weaker baht, surging energy prices and flooding, which could hamper the rebound.

Bangkok Post

Baht freefall could hit 38

Economists forecast the value of the baht could plunge to 38 to the US dollar this year, mainly attributed to a stronger dollar as the Federal Reserve pursues a hawkish monetary policy.

Bangkok Post

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Political vacuum may dent investor confidence, analysts say

The suspension of Prime Minister Prayut Chan-o-cha’s powers by the Constitutional Court is seen denting investor confidence at a time the nation has been actively wooing overseas investors, though the direct economic impact is likely to be muted, according to analysts.

Bangkok Post

Mixed feelings on recovery outlook

Bustling commuters, traffic gridlocks and crowded shopping malls have become more common in the third quarter following the country's reopening in June, fuelling hopes that Thailand is now getting back on its feet.

Bangkok Post

Dark clouds on the horizon

The drumbeat warning of recession is getting louder and more frequent, based on reports from the US and other major economies.

Bangkok Post

Subdued spending in second half

Most industry chiefs believe private consumption in the second half is expected to remain flat, limited by pressure from high energy prices and the prolonged pandemic.

Bangkok Post

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Baht on a tightrope

Industry leaders have urged the government to carefully manage the baht to keep its value at a rate that will benefit both importers and exporters.

Bangkok Post

Private sector opposes wage hike

A proposal by labour advocacy groups to increase the daily minimum wage to 492 baht is drawing stiff opposition from entrepreneurs who fear the hike in a volatile economy will deal a blow to businesses.

Bangkok Post

An economic splash of cold water

The Songkran celebrations not only mark the Thai New Year, but also may help determine the economic health of the country this year amid a prolonged global oil price hike and new fears about an Omicron infection surge.

Bangkok Post

Testing hobbles tourism recovery

Hotel operators are clamouring for RT-PCR testing upon arrival for foreign visitors to be eliminated from requirements to avoid a tourism collapse as the resumption of the Test & Go scheme alone is not enough to create momentum.

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