Thailand faces two-year recovery path to pre-pandemic levels
Thailand’s economy could take at least two years to return to pre-pandemic output, said World Bank economist Arvind Nair yesterday.Thailand was among the worst-hit...
Thai exports shrink 22.5 percent in May to a 4-year-low
The export sector reported a 22.5 percent shrinkage in May 2020 to a 4-year-low of 16 billion U.S. dollars, resulting from the COVID-19 pandemic...
The Impact of COVID-19 on Thailand’s economy
Thailand has been successful in stemming the tide of COVID-19 infections over the last three months, but the economy is expected to shrink significantly...
8.3 million Thai workers will lose employment or income in 2020 says World Bank
Thailand’s economy is expected to be impacted severely by the COVID-19 pandemic, shrinking by at least 5 percent in 2020 and taking more than...
Thailand Slumps to 29th Spot in World Competitiveness Rankings
Thailand fell four places from the 25th spot in 2019 to 29th in IMD’s world competitiveness rankings for 2020, dragged down by poor...
Developing Asia to Grow 0.1% in 2020, Thailand to shrink 6.5%
Developing Asia is expected to grow by 0.1% this year, the slowest rate since 1961, the Asian Development Bank said in a report on...
World Bank sees East Asia and Pacific growth fall to 0.5% in 2020
The COVID-19 pandemic will shrink the global economy by 5.2 per cent this year, representing the deepest recession since World War Two, and triggering a dramatic...
Seven million Thai farmers receive 5000-baht subsidies
BANGKOK (NNT) – The Bank for Agriculture and Agricultural Cooperatives (BAAC) has transferred subsidies to 7.1 million farmers and accelerated correction of incorrect bank...
