The Bank of Thailand’s Monetary Policy Committee agreed unanimously on Wednesday to raise the key interest rate by 25 basis points, to 1.50%, with immediate effect. The central bank said…
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The Bank of Thailand’s Monetary Policy Committee agreed unanimously on Wednesday to raise the key interest rate by 25 basis points, to 1.50%, with immediate effect. The central bank said…
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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%…
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Thailand’s Multidimensional Poverty Index (MPI) is 0.002, the lowest among all the ASEAN countries, according to a new report released by the United Nations Development Programme (UNDP) and the Oxford…
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Thailand’s former finance minister and Kla Party Leader Korn Chatikavanij has strongly advised the Thai government to take precautionary steps to protect against any fallout from China’s Evergrande crisis. In…
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Thailand’s Prime Minister Prayuth Chan-o-cha has refuted the Opposition’s claim that his government should be held accountable for all the COVID-19 deaths, as a result of its failures in managing…
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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…
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The baht has seen a steady slide for weeks amid a surge in COVID-19 infections and deaths recently. The baht fell to 33.39 to the US dollar at one point…
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Thailand’s economic recovery looks set to be delayed further, with many research houses revising down their growth forecasts for this year. The economy contracted 6.1 percent last year amid the…
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Famed as Thailand’s top “economics tsar”, former deputy prime minister Somkid Jatusripitak has served both elected governments and a junta regime during his long and colorful career. Somkid, 68, abruptly quit…
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The launch of Thailand’s mass vaccination program on June 7 has sparked hope that the country can reopen for tourists and resume normal business activities. But uncertainty remains. The third…
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The Organization for Economic Co-operation and Development, or OECD, has published its assessment of the Thai economy, saying that the pandemic has interrupted Thailand’s socioeconomic progress. In its recent 163-page…
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The Thai economy is strong enough and the country does not need to seek a financial bailout from the International Monetary Fund (IMF), although its GDP this year may be…
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The 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…
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Thailand’s economy is likely to increase around 2.7-3.0 percent, according to the predictions by several economic institutions. The limited expansion is a result of negative effect from the weaker global…
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The political standoff in Hong Kong is not only fueling fears that Hong Kong may be heading for recession, but also that it may hurt Thailand’s economy. For example, Thailand’s…
Read MoreAs of press time, political parties from both sides are racing to sign up coalition partners. After the much-awaited general election, finally, there are signs that Thailand may soon have…
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Thai farmers are expected to face a tough year in 2019 as the drought will be more acute than usual, lowering the water levels in reservoirs in the central and…
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