Central bank maintains policy rate at one percent

11 Sept 22:30 Key points summarised by AI

The Bank of Thailand's Monetary Policy Committee (MPC) unanimously maintained the policy rate at 1%, deeming it appropriate to support ongoing economic recovery.
Economic expansion is projected to be stronger than previously anticipated, driven by increased exports and private investment, though growth remains slow and uneven.
Inflation is expected to rise due to supply-side factors, exceeding the target range this year before gradually declining in 2027.
The accommodative monetary policy, coupled with targeted financial measures, continues to support the economy, with close monitoring on inflation and loan quality for SMEs and vulnerable households.

Thai ice cream exports rise as global demand grows

Today 13:18 Key points summarised by AI

Thailand has emerged as Asia's leading ice cream exporter and the world's 12th-largest, with exports reaching US$136 million last year, securing 1.9% of the global market.
Key Asian importers of Thai ice cream include Malaysia, Singapore, the Philippines, Vietnam, and South Korea, highlighting strong regional demand.
The domestic market is projected to grow by 4% this year, while global trends emphasize product innovation, influencer marketing, and health-conscious options.
Local ice cream operators are encouraged to adapt marketing strategies, innovate products, create distinctive brands, and leverage social media to sustain growth in evolving markets.