Thai Economy News

Production improvement from exports in June

Production improvement from exports- June indicators confirmed modest recovery in production. Manufacturing production rose 3%MoM, another positive growth for the past five months. On a yearly basis the index fell 7.8% vs 10% fall in May. Production improvement confined to hard disk drives, canned seafood and electrical appliances from pick up in exports. Auto production improved from 50% YoY fall since...

Pardon fight gains pace

Opposition to the royal pardon for ousted prime minister Thaksin Shinawatra is heating up ahead of the red shirts' campaign to submit a petition to His Majesty the King.

Thai Bank NPL fell slightly

The banking system's nonperฌforming loans eased to 5.37 per cent of total loans last month from 5.5 per cent in May and 5.48 per cent in March, indicating improving ecoฌnomic conditions.