IMF sees 6% world growth, warns developing nations falling behind

The global economy will expand by six percent this year, but disparities between nations are widening as advanced economies accelerate while developing countries fall behind, the IMF said Tuesday.  While…

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Central bank cuts growth projection to 2.8 percent but retains policy rate at 1.5 percent

The Bank of Thailand has slashed the country’s economic growth projection for this year to 2.8% from 3.3% and the projection for next year from 3.7 % to 3.3%. The…

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Thailand’s second quarter growth rate lowest in 19 quarters

Thailand’s economic growth rate for the second quarter of this year registered at 2.3%, compared to 2.8% for the first quarter, which is the lowest in 19 quarters, said Mr….

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Dr. Somkid to head special team to reverse Thailand’s economic slowdown

The economic cabinet on Friday agreed to set up a special panel, expected to be led by Deputy Prime Minister Somkid Jatusripitak, to drive the implementation and management of economic…

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