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February, 27, 2017

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Business > Asia > Thailand
India is considering withdrawing some products from the Free-Trade Agreement (FTA) with Thailand after facing a huge trade deficit, with gold likely to be excluded from the pact.
 
Thailand's central bank on Wednesday left its key interest rate unchanged at 2.25 percent in the face of growing worries about the economic impact of anti-government protests in the capital.
 
The use of "green buildings" has increasingly formed a key part of efforts by large firms to improve their corporate image and show their corporate social responsibility (CSR), resulting in more and more of these types of buildings being constructed in Thailand since 2007.
 
The Thai automobile market is expected to finish the year at 1.3 million units sold, slightly down from last year's record 1.4 million.
 
Political instability and the U.S. tapering of its bond-buying program are the main reasons behind the sharp depreciation in the Thai baht, said a Bank of Thailand (BOT) official.
 
Thailand launched a 75 billion baht (US$2.36 billion) bond on Monday that it needs to fund rice subsidies, offering generous terms as it tries to avoid adding fuel to protests in Bangkok.
 
Thai economy grows 2.7 percent in third quarter
Thailand's economy grew at a lower-than-expected pace in -July September, data showed Monday as the government cut its forecast for the year while analysts warned political turmoil could inflict further damage.
 
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