Economics

Thailand's inflation rate for September has decreased to 0.30% compared to 0.88% in August. The overall inflation for the year is expected to be...

The Thai baht has strengthened against the US dollar due to dollar depreciation and rising gold prices caused by concerns about the Israeli-Hamas conflict....

Thailand's economy is booming, with positive business health and optimism for the private sector. Inflation concerns are diminishing, and post-pandemic growth is expected in various industries.

Thai economic growth outlook revised down for 2023 due to Q2 results and export contraction, but potential from private consumption and tourism. Inflation projected to increase. Global economy expected to grow but could face fragility from inflation and rate hikes. Uncertainties from China's slowdown and drought. Government policies could boost growth but may have long-term fiscal burdens. SCB EIC proposes long-term policies for competitiveness and sustainable growth.

Indonesia introduced its first sovereign wealth fund, the Indonesia Investment Authority (INA), in 2021. Unlike other funds, INA seeks foreign co-investors to finance infrastructure and emerging industries, aiming to attract investments in various sectors.

Deputy Prime Minister Parnpree Bahiddha-Nukara launched Thailand's bid for the UN Human Rights Council (HRC) for the 2025-2027 term. In his speech, he emphasized Thailand's commitment to human rights and democracy, as well as the importance of utilizing the HRC's influence to address global challenges.

The Grant Thornton International Business Report (IBR) for H1 2023 shows positive economic conditions and outlook for Thailand, with improvements in business health and optimism for the private sector.

Thailand's Q2 2023 GDP growth was weaker than expected, leading to a lowered growth forecast for the year.