"forecast"

Meta Platforms surprised Wall Street with a profit beat and Facebook returned to user growth, although Meta forecast a conservative revenue outlook for the current quarter. Its stock rose 19% in after-hours trade on Wednesday (April 27).

The Bank of Thailand is expected to raise its 2022 inflation forecast from 1.7 per cent to between 2 and 3 per cent, a senior official said.

The number of Covid-19 infections may go as high as 50,000 a day in the fourth wave of the pandemic as the Omicron variant is 4-6 times more contagious than Delta,​ Dr. Chalermchai Boonyaleephan, deputy chairman of the Senate Public Health Commission, said on Wednesday.

The Finance Ministry predicts a 4-per-cent growth in Thailand’s gross domestic product (GDP) this year, fuelled by higher domestic spending and 7 million foreign tourists.

A recent analysis conducted by the Department of Disease Control (DDC) shows that if no measures are taken to tackle the highly transmissible Omicron strain, Thailand will end up having to handle 30,000 new infections and up to 180 deaths daily.

The University of the Thai Chamber of Commerce (UTCC)’s Centre for Economic and Business Forecasting (CEBF) expects people to spend 85.8 billion baht during the New Year break, 6.2 per cent less than last year and the lowest in 12 years.

Moderna jolted the market with sales and earnings that badly missed analysts estimates as it lowered its forecast for 2021 Covid-19 vaccine sales, a third-quarter performance that put it further behind vaccine rivals Pfizer and BioNTech.

The Thailand Meteorological Department said on Sunday (October 10) that tropical storm “LIONROCK” over the Gulf of Tonkin was centered about 260 kilometres southeastern of Hanoi, Vietnam latitude 20.5 degrees north and longitude 108.7 degrees east. 

A strong southwest monsoon prevails across the Andaman Sea, Thailand and the Gulf of Thailand, while a monsoon trough lies across the North and the upper Northeast, the Thailand Meteorological Department said on Thursday.

The Thailand Meteorological Department said on Wednesday that a strong southwest monsoon prevails across the Andaman Sea, Thailand and the Gulf of Thailand, while a low pressure cell covers upper Laos and upper Vietnam.

The Asia Pacific Economic Cooperation (Apec) region posted a 6.1 per cent increase in economic growth in the first quarter of 2021, bouncing back strongly from a 2 per cent decline in the first quarter of 2020, according to an updated report by the Apec Policy Support Unit.

Economic indicators showed the Thai economy slowed in May from the previous month, after the third wave of Covid-19 emerged in April.