Thailand’s household debt has increased to the highest level in four years, whereas the Gross Domestic Product (GDP) for the second quarter contracted 12.2%, prompting the Finance Ministry to forecast…
Read MoreThailand’s household debt has increased to the highest level in four years, whereas the Gross Domestic Product (GDP) for the second quarter contracted 12.2%, prompting the Finance Ministry to forecast…
Read MoreThe Thai economy has reached its low point, with the gross domestic product (GDP) forecast to contract by 3% to 5%, instead of 1.5-2% as originally estimated, and exports will…
Read MoreBlaming external factors, the Office of Fiscal Policy at the Finance Ministry has revised downward the economic growth (GDP) forecast for 2019 to 2.8%. Mr. Lawan Saengsanit, director of the…
Read MoreThe 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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