June domestic car sales up

June domestic car sales up

Domestic car sales rose 15.07% in June from a year earlier to 61,758 vehicles, the Federation of Thai Industries said on Thursday.

Sales in May increased 38.41% year-on-year.

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GDP outlook cut

The Finance Ministry slashed its 2021 economic growth forecast on Thursday to 1.3% from a previously predicted 2.3% expansion, the third such revision this year, as the tourism-dependent country fights its biggest Covid-19 outbreak to date.

15:32

Thailand poised to be worst performer in Southeast Asia, say economists

Thailand will likely be the worst economic performer in Southeast Asia this year, with economists continuing to slash the country’s growth forecast amid surging Covid-19 infections, mounting political tensions and fading hopes for a tourism revival.

14:51

8.2 magnitude earthquake off Alaskan peninsula, tsunami warning

WASHINGTON: An 8.2 magnitude earthquake struck off the Alaskan peninsula late on Wednesday, the United States Geological Survey said, prompting a tsunami warning.

14:45