Track Thailand's economy in English — business, trade, finance and market news, covered by Thai PBS World, Thailand's public broadcasting service.
Thailand and the United Kingdom are pushing for the opening of negotiations on a bilateral free trade agreement (FTA) at all levels, along with pursuing joint efforts to explore channels to expand two-way trade and investment.
The Ministry of Justice, in cooperation with financial institutions and commercial banks, will hold a two-day debt settlement event at the Chaeng Wattana government complex this Friday and Saturday, to help Student Loan Fund, credit cards, car leasing, personal loans and farm debtors settle debts in a fair manner.
All Thai citizens who are part of the national workforce will be legally required to submit their Personal Income Tax Form (PITF) to the Revenue Department annually, starting in 2027—regardless of how much they earn from salaries, wages, bonuses, pensions, or other forms of income.
Thailand’s economy has not yet reached a critical level, but is experiencing prolonged and slow K-shaped growth, an economic pattern in which some sectors experience growth while others stagnate or decline, thanks to the long-term impacts of the current US administration’s reciprocal tariffs imposed on all of their trading partners, including Thailand, according to Dr. Kirida Bhaopichitr, director of international economic policy and development at the Thailand Development Research Institute...
More than two weeks since the ceasefire deal signed by Thailand and Cambodia came into effect, it is far from business as usual, taking a toll on the economies of both countries.
Thailand’s economic growth for the second quarter was 2.8%, taking growth for the first half of this year to 3%, thanks to increased exports to the US market ahead of the enforcement of new tariffs imposed by the US administration, according to secretary-general of the National Economic and Social Development Council (NESDC), Danucha Pichayanan.
Thailand’s economy could slide into recession in the last quarter of this year, as a huge drop in export volumes and uncertainties surrounding border tensions weigh heavily, Burin Adulwattana, chief economist of the Kasikorn Research Centre, said in an interview with Thai PBS World.
The Bank of Thailand’s Monetary Policy Committee (MPC) voted unanimously today to cut the policy rate by 0.25 percentage points, to 1.50 percent, with immediate effect.
Public spending during the upcoming long weekend to celebrate the annual National Mother’s Day is likely to reach 1.1 billion baht, reflecting the central role of mothers in Thai families.
Thailand and the United States are expected to hold a second round of trade talks on non-tariff issues, such as regional value content (RVC), at the end of this month or in early September, with the objective of reaching an Agreement on Reciprocal Tariffs (ART), Deputy Commerce Minister Chantawit Tantasith said Thursday.
The Thai economy is expected to grow by 2.2% year-on-year in 2025, supported by recovering domestic consumption, an expanding industrial sector, and increased exports to trading partners outside the US market.
Washington, United States - US President Donald Trump on Wednesday ordered steeper tariffs on Indian goods over New Delhi's continued purchase of Russian oil, opening a new front in his trade wars hours before another wave of duties takes effect.
