Thai electronic exports forecast to grow 4.1% in 2022
The Siam Commercial Bank (SCB) projects exports of Thai electronic products will rise by a modest 4.1% this year from 4.22 billion USD earned in 2021.
Illustrative image. (Photo: Bangkokpost.com)Bangkok (VNA) – The Siam Commercial Bank (SCB) projects exports of Thai electronic
products will rise by a modest 4.1% this year from 4.22 billion USD earned in
2021.
The SCB’s Economic Intelligence Centre (EIC) said export growth for electronic products this year has slowed from the 16.5% increase seen in 2021.
According to the centre, the 2021 export growth was driven by demand for electronic parts and computer parts in response to work-from-home and online education trends.
Demand for electronic parts from Thailand was still high but exports would be hampered by the global economic slowdown and semiconductor shortage, it said./.
The SCB’s Economic Intelligence Centre (EIC) said export growth for electronic products this year has slowed from the 16.5% increase seen in 2021.
According to the centre, the 2021 export growth was driven by demand for electronic parts and computer parts in response to work-from-home and online education trends.
Demand for electronic parts from Thailand was still high but exports would be hampered by the global economic slowdown and semiconductor shortage, it said./.
You should also see
Energy industry needs nearly 5 trillion VND of investment in 2021-2030
The total investment capital demand for the whole energy sector in the 2021-2030 period is between 4.13-4.8 trillion VND (163.01-189.46 million USD), according to a plan to implement the National Power Planning in the 2021-2030 period with a vision to 2050.
See more
World
Thai central bank intervenes to stabilise currency
The Bank of Thailand (BoT) said it has intervened in currency markets at times to ease any excessive moves in the THB, adding that the current policy rate is robust and conducive to economic recovery, reported the Bangkok Post.
World
Vietnam appeals for maximum self-restraint, end to hostilities in Middle East
A representative of Vietnam appealed to all the parties concerned to exercise maximum self-restraint and to end hostilities, while addressing a United Nations Security Council (UNSC) open debate on the Middle East and Palestine situation on March 25.
World
Indonesia’s coffee exports surpass imports
Indonesia’s coffee exports have surpassed imports for 47 consecutive months since May 2020, the Central Statistics Agency (BPS) has reported.
World
Thailand expects wave of tourists during Golden Week
The Tourism Authority of Thailand (TAT) estimates that about 996,000 foreign tourists will visit the Southeast Asian country between April 26 and May 5, known as the Golden Week holidays in Japan, during which Chinese tourists also prefer to travel overseas.
World
Argentinian media praises Dien Bien Phu Victory
Argentinian newspapers have called Vietnam's Dien Bien Phu Victory (May 7, 1954) a symbol of the national liberation movement of oppressed and colonialised peoples worldwide.
