Finance Ministry lowers 2022 growth forecast to 3.4%
The Finance Ministry cut its 2022 economic growth forecast to 3.4% from 3.5% previously, citing a recovery in private consumption and the vital tourism...
Why is Thailand’s economy stuck in the middle-income trap?
Southeast Asia’s second largest and once one of its most dynamic economies is struggling under the weight of an ageing population, a deteriorating education...
Thailand’s Board of Investment approves new Categories for Promotion Strategy
BOI Approved New Categories Supporting New Technologies and investment Applications Amounted to US$ 6.2 Billion in First Half 2022 on Strong EV, Digital Projects,...
SCB expects Thai policy rate to continue rising
EIC expects the MPC to raise policy rate 0.25% at the meeting in November 2022, leading policy rate to end the year at 1.25%. The...
Thai Consumer Confidence Index reaches 8-month high in August
Thailand’s Consumer Confidence Index reached an 8-month high, according to the University of the Thai Chamber of Commerce, thanks to the relaxation of COVID-19...
Thai rice exports to reach 7.5 million tonnes this year
Thailand has seen higher demand for its rice as countries seek to ensure food security and replace wheat and corn in the animal feed...
Thailand’s Central Group acquires British retailer Selfridges
Central made the purchase in partnership with Signa Holding of Austria for a reported price of $4.76 billion Read the complete story on Thailand Business...
Chinese EV manufacturer (BYD) to produce cars in Thailand
According to Chinese news outlet Jiemian, BYD plans to begin selling EVs in Thailand later this year, providing local consumers with a greater selection...
