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Sanan Angubolkul, chairman of the Thai Chamber of Commerce and the Board of Trade

Thai private sector confident of up to 3% economic growth this year

August 15, 2023
by Kitipat Chuensukjit
Comments Off on Thai private sector confident of up to 3% economic growth this year

The Thai private sector believes that the country’s economy is likely to expand by between 3.0% and 3.5% this year, if the new government, expected to be formed within September,…

Global conditions arrest Thailand’s economic recovery

February 22, 2023
by Tulip Naksompop Blauw
Comments Off on Global conditions arrest Thailand’s economic recovery

Thailand’s economic growth in the fourth quarter of last year has disappointed many people. Real gross domestic product (GDP), a broader measure of economic output, grew just 1.4 percent year on year,…

New ASEAN chair says the bloc’s economic growth matters

January 12, 2023
by Kitipat Chuensukjit
Comments Off on New ASEAN chair says the bloc’s economic growth matters

Indonesian Foreign Minister Retno Marsudi says that ASEAN will hold two summits this year, in May and September, with the aim of making ASEAN important and relevant to its people….

Thailand’s economic growth for 2022 adjusted down to 3.4 percent

October 28, 2022
by Nad Bunnag
Comments Off on Thailand’s economic growth for 2022 adjusted down to 3.4 percent

Thailand’s Fiscal Policy Office has adjusted the economic growth projection for this year to 3.4%, down from 3.5%, due to a slowdown in private investment, from a projection of 5.7%…

Many analysts have pointed out that tensions between major world superpowers have intensified, which will further restrict international trade and prolong the high price of energy. (Photo by @tawatchai07)

Global headwinds could blow Thai economy off track

September 6, 2022
by Tulip Naksompop Blauw
Comments Off on Global headwinds could blow Thai economy off track

The decelerating export growth in July has raised concerns that the outlook for Thailand’s economic growth may be bleak because of an increasingly likely global slowdown. The Thai economy grew…

Foreign tourists walk along the popular Khaosan Road in Bangkok on May 17, 2022. Thailand’s economy grew 2.2 percent in the first quarter following an export and tourism boost after the relaxation of pandemic entry restrictions, the kingdom’s main economic agency said May 17. Lillian SUWANRUMPHA / AFP

Thailand’s 2022 GDP growth projection cut to 3%, 2.2% recorded for Q1

May 17, 2022
by administrator
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The National Economic and Social Development Council (NESDC) has decided to cut Thailand’s gross domestic product (GDP) growth projection for 2022 to between 2.5% and 3.5%, or an average of…

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Thailand’s economy forecast to grow by 4% this year

January 28, 2022
by administrator
Comments Off on Thailand’s economy forecast to grow by 4% this year

The Thai national economy is expected to grow by 4% this year, thanks to the limited impacts of the COVID-19 pandemic in many countries, the recovery in tourism under the…

APEC region’s economy to grow by 6% in 2021

November 8, 2021
by Mintra Adair
Comments Off on APEC region’s economy to grow by 6% in 2021

Next year, economic growth in the APEC region is forecast to shrink to 4.9%, from the estimated growth of 6% this year, in anticipation of the unwinding of fiscal and…

(Photo by Tim Mossholder)

Thailand’s economy staring at recession at year-end

August 20, 2021
by Tulip Naksompop Blauw
Comments Off on Thailand’s economy staring at recession at year-end

The Thai economy rebounded in the second quarter, growing by 7.5 percent year on year, after a 12.1 percent contraction during April-June last year. The high economic growth in the second…

New Zealand’s Prime Minister Jacinda Ardern speaks during a press conference about Covid-19 coronavirus restrictions, in Wellington on March 5, 2021. (Photo by Marty MELVILLE / AFP)

New Zealand economy back to pre-pandemic levels

June 17, 2021
by administrator
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New Zealand’s economy posted better-than-expected growth of 1.6 percent in the first quarter of 2021, official data showed Thursday, with analysts saying activity was back at pre-coronavirus levels. The expansion…

ADB raises economic outlook for Thailand, cut forecast growth for Asean

September 27, 2018
by PhatpornS
Comments Off on ADB raises economic outlook for Thailand, cut forecast growth for Asean

The Asian Development Bank (ADB) has raised Thailand’s economic growth forecast this year by 0.5% from a previous forecast in April to 4.5%, while cutting Asean’s economic growth forecast to…

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