The National Economic and Social Development Council (NESDC) has urged the Bank of Thailand to review its policy rate, cut the credit card interest rate, from 8% to 5%, and…
Read MoreThe National Economic and Social Development Council (NESDC) has urged the Bank of Thailand to review its policy rate, cut the credit card interest rate, from 8% to 5%, and…
Read MoreThailand’s GDP this year is forecast to grow by 2.5%, down from 3% as earlier projected, as growth in the third quarter of the year was just 1.5%, due to…
Read MoreThe government has recently issued a new ministerial regulation, requiring all mega projects to undergo a strategic environmental assessment (SEA), on top of the existing environmental impact assessment (EIA) and…
Read MoreThailand’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,…
Read MoreBolstered by recovery in the tourism sector, Thailand’s economic growth for the whole of 2022 is forecast to be 3.2%, without further need for major economic stimulus packages, according to…
Read MoreThe 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…
Read MoreControversy has erupted over the government’s move to borrow another huge sum to aid recovery from the virus crisis. The government opted for an emergency decree to sanction an extra…
Read MoreThailand’s economic outlook is bleak, with the daily COVID-19 caseload hitting four figures following mid-April’s Songkran holiday. The economy shrank 2.6 percent year on year in the first quarter, according…
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