Rich-poor split could tighten ‘grip of poverty’: World Bank chief

The new head of the World Bank said Tuesday that growing divides between rich and poor nations risked deepening poverty in the developing world, at a meeting of G20 finance…

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From left to right Nattha Komolvadhin, Ndiame Diop and Hassan Zaman.

World Bank urges political stability and urgent reforms for Thailand’s long-term growth

Two economists from the World Bank, Ndiame Diop and Hassan Zaman, have stressed the critical need for political stability, urgent reforms and the development of high-value-added sectors in Thailand, to…

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The global economy will come “perilously close” to a recession this year, led by weaker growth in all the world’s top economies — the United States, Europe and China — the World Bank warned Tuesday.(Photo by Julia Nikhinson AP)

World Bank: Recession a looming threat for global economy

The global economy will come “perilously close” to a recession this year, led by weaker growth in all the world’s top economies — the United States, Europe and China, the…

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Thai business magnate and senior chairman of CP Group, Dhanin Chearavanont, arrives at the Wat Thepsirin Buddhist temple in Bangkok for the funeral ceremony of Leicester City’s Thai owner and duty-free mogul Vichai Srivaddhanaprabha on November 3, 2018. – Vichai, 60, and four other people died in a horrific helicopter accident moments after they departed the Leicester City’s pitch a week ago, bringing an abrupt end to the fairytale life of Thailand’s fifth-richest man. (Photo by Lillian SUWANRUMPHA / AFP)

Chiaravanont clan tops Forbes Thailand’s rich list again this year

This year’s 10 richest families in Thailand were revealed by Forbes Asia today (Thursday), most of the rankings remain unchanged from last year. The richest family in Thailand are still…

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World Bank’s lowers Thailand’s GDP growth forecast for this year to 1%

World Bank has slashed Thailand’s gross domestic product (GDP) projection for 2021 to just 1%, from 2.2% originally forecast, due to the impacts of the COVID-19 pandemic, said Mr. Kiatipong…

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Pandemic to throw millions into poverty: World Bank

WASHINGTON (Reuters) – The coronavirus pandemic is expected to sharply slow growth in developing economies in East Asia and the Pacific as well as China and throw millions into poverty,…

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Source: Facebook Page กระทรวงการท่องเที่ยวและกีฬา

Economic cabinet approves stimulus package to boost tourism

The economic ministers today approved a stimulus package for the last quarter of the year to boost the tourism sector, with the aim of achieving a 3% growth rate. Tourism…

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World Bank puts Thailand’s 2019 GDP growth at 3.8 percent 

The World Bank has cut Thailand’s growth rate projection this year to 3.8% from 3.9% compared to last year’s 4.1% GDP due to export growth slowing to 5.7% from last…

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PM pleased with World Bank’s assessments of Thailand’s performance in Doing Business Report 2018

Prime Minister Prayut Chan-o-cha is satisfied with Thailand’s latest rankings in the World Bank’s Doing Business Report 2018. Government spokesman Putthipong Punnakan said today that the prime minister was pleased…

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World Bank projects higher economic growth for Thailand

The World Bank has adjusted its projection of Thailand’s economic growth for the entire year to 4.5%, from the previous projection of 4.1%, said Kiattiphong Ariyapratchaya, a senior economist of…

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