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Thai Manufacturing Activity Quicken to a Year-High in June, Says SP
Manufacturing activity in Thailand rose to a year-high in June, thanks to the fastest rise in output and new orders, S&P said in a report Monday.
China's Current Account Surplus Reaches 281 Billion Yuan in Q1
China logged a current account surplus, or the surplus from the country's foreign payments and receivables, of 281.4 billion yuan, in the first quarter, according to data by the State Administration of Foreign Exchange released Friday.
Market Chatter: Thai Central Bank Warns of Slower GDP Growth in Q3, Q4
Thailand's central bank expects GDP to grow at a slower pace in the third and fourth quarter, on a quarterly basis due to a high base effect, Bangkok Post reported Thursday.
Thai Central Bank Renews Case to Limit $14 Billion Cash Stimulus
Thailand’s central bank remains firm in its opposition to a government plan to give nearly $14 billion in cash to almost all its adult citizens to revitalize consumption activity, saying the prudent thing would be to limit assistance to the needy.
Thai Central Bank Chief Warns Against Tweaking Inflation Target
Thailand’s central bank governor pushed back further against a government suggestion to raise the monetary authority’s inflation target, spelling out the risks of such a move to Southeast Asia’s second-largest economy.
State Administration of Foreign Exchange: in May, banks completed CNY 1.25 trillion in foreign exchange purchases, and CNY 1.36 trillion in foreign exchange sales.
On June 17, the State Administration of Foreign Exchange released the data for May 2024 on bank foreign exchange transactions and bank customers' foreign exchange payment and receipt.