Photo by CHRISTOPHE ARCHAMBAULT / AFP

NESDC urges policy rate, credit card interest and lending-deposit spread cuts

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 More
Builders work at a construction site for a mixed-use development project in the Sukhumvit area of Bangkok on July 1, 2023. (Photo by Alex OGLE / AFP)

NESDC forecasts Thailand’s growth for this year at 2.5%

Thailand’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 More

All mega-projects now require strategic environment assessment

The 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 More

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,…

Read More
(FILES) In this file photo taken on July 18, 2022 tourists gather and take pictures in the grounds of the Grand Palace in Bangkok. (Photo by Jack TAYLOR / AFP)

Thailand’s economic think tank predicts 3.2% growth this year

Bolstered 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 More
(Photo by Tim Mossholder)

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…

Read More

Govt’s latest COVID-relief loan triggers fears over transparency, public debt   

Controversy 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 More
Inside the Jatujak market, the most popular weekend market in Bangkok on May 18, 2021.

Thailand’s dilemma: how to shore up economy as infections surge

Thailand’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…

Read More

Page 1 of 1

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password