Thai Parliament Approves Delayed 2024 Budget
Thailand's lower house passes delayed 3.48 trillion-baht budget for fiscal year 2024, focusing on increasing consumption and economic recovery.
Good news about digital wallet scheme in April Srettha
Prime Minister announced good news about the digital wallet scheme, schedule meeting for April 10 to consider reports for final approval in April, injecting...
Thailand’s $14 billion cash stimulus plan postponed to Q4
Thailand plans $14 billion cash handout program in Q4 to stimulate economy. 10,000 baht to 50 million adults, excluding high-income earners.
Lower court ordered to accept petition challenging True-DTAC merger
Supreme Administrative Court orders lower court to consider petition from consumers seeking to revoke telecom merger. Concerns raised about higher charges, limited competition, and...
UTTC lowers Thailand’s 2024 growth forecast to 2.6%
Thailand's 2024 economic growth forecast reduced to 2.6% due to fragile recovery, slow investment, weak consumer power, and delayed budget disbursement.
Sluggish business in Bangkoks New Chinatown
Pracharat Bamphen Road in Bangkok, known as the "New Chinatown", is facing slow business with the closure of Chinese restaurants due to competition, fewer...
Thai consumer confidence reached a 4-years high in February
Thai consumer confidence at 48-month high in Feb due to govt support and tourism. 50-million-people handout policy and visa waivers to boost economy.
Thailand’s Economic Outlook: SCB EIC Predicts Key Interest Rate Cuts in 2024
SCB's EIC predicts 2 rate cuts by the BOT in H1, bringing policy rate down to 2%, stimulating economic growth in key sectors of Thailand.