Thailand Business News

Thai Ministry of Finance downgrades economic growth projection to 2.8%, attributing it to decreased tourism and manufacturing, with hope for faster growth next year.

The BOT aims to protect debtors by regulating interest rates, providing information, and fostering financial responsibility. They will implement debt assistance programs and guidelines for responsible lending for creditors to address household debt problems. Starting in April 2024, measures will be put in place to help vulnerable groups with higher interest payments. The BOT will also supervise creditors to ensure compliance with regulations and offer assistance to debtors.

Thai government delays 500-billion-baht digital wallet scheme rollout with no new timeline. Funding and legality doubts remain.

Last year, economists predicted a recession, but the opposite happened. Now, forecasting for 2024 is uncertain. Subscribe for premium content.

Thai consumer confidence at 46-month high in December due to government measures, increased tourism, and plans for economic growth.

Thai Prime Minister urges central bank to cut borrowing costs to support economy amid disagreements with monetary policymakers.

Thailand aims to finalize FTA with EU in 2 years, focusing on trade liberalization. Recent discussions highlight EU's importance as a trade partner.

Comprehensive reform of Thailand's energy pricing system announced, aiming to lower costs and ensure energy security and sustainability.