{"id":1673241,"date":"2022-10-05T05:51:16","date_gmt":"2022-10-05T09:51:16","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1673241"},"modified":"2022-10-05T05:51:57","modified_gmt":"2022-10-05T09:51:57","slug":"thai-economy-set-to-grow-3-0-to-3-5-this-yr-baht-to-boost-exports-finance-minister","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/thai-economy-set-to-grow-3-0-to-3-5-this-yr-baht-to-boost-exports-finance-minister\/","title":{"rendered":"Thai economy set to grow 3.0 to 3.5% this yr, baht to boost exports \u2013 Finance Minister"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">34<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fthai-economy-set-to-grow-3-0-to-3-5-this-yr-baht-to-boost-exports-finance-minister%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1673241&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>BANGKOK (Reuters) \u2013     Thailand\u2019s economy is still expected to grow 3.0% to 3.5% this year, while a weak baht is helping exports, the finance minister said on Wednesday, as the Thai currency hovered near its 16-year lows against the dollar.<\/p>\n<p>Exports, a key driver of Thai growth, are expected to rise 8% this year, Finance minister Arkhom Termpittayapaisith told a business seminar.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\">\n<\/div>\n<p>\u201cBut supply chains problems, such as in the automobile and electronics sectors, are preventing exports from growing at its full potential,\u201d he said.<\/p>\n<p>Southeast Asia\u2019s second-largest economy is still in recovery, helped by increased exports and a pickup in the crucial tourism sector from the pandemic. Last year\u2019s growth of 1.5% was among the lowest in the region.<\/p>\n<p>Arkhom\u2019s growth projection for 2022 was matched by a leading joint business group and compared with 3.3% growth predicted by the central bank.<\/p>\n<p>\u201cAlthough the recovery may not be very fast, it\u2019s a clear recovery,\u201d he said.<\/p>\n<p>With Thailand dealing with high inflation and a weak currency, the Bank of Thailand (BOT) twice raised its key interest rate by a quarter point in the past two months, to ensure the recovery continued.<\/p>\n<p>Headline inflation was less than expected in September, decelerating from the previous month, but above-target consumer prices reinforced expectations of a further interest rate hike from the central bank in November<\/p>\n<p>Government spokesperson Anucha Burapachaisri said on Wednesday the government would not interfere with the BOT\u2019s work but would let the finance ministry support it with information.    <\/p>\n<p> (Reporting by Orathai Sriring, Kitiphong Thaichareon and Satawasin Staporncharnchai; Editing by Martin Petty)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/thai-economy-set-to\/attachment\/file-photo-labourers-work-at-a-garment-factory-in-bangkok\/\"><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/10\/tagreuters.com2022binary_LYNXMPEI940AD-BASEIMAGE.jpg\" alt=\"tagreuters.com2022binary_LYNXMPEI940AD-BASEIMAGE\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BANGKOK (Reuters) \u2013 Thailand\u2019s economy is still expected to grow 3.0% to 3.5% this year, while a weak baht is helping exports, the finance minister said on Wednesday, as the<\/p>\n","protected":false},"author":66,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1673241","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1673241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1673241"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1673241\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1673241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1673241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1673241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}