EIC Export growth forecast for 2019 is maintained at -2.5%
Although China and the US reached a preliminary trade agreement on October 10-11, 2019, the ongoing trade war should still drag on, pressuring export...
We’ve entered the Asian Century and there is no turning back
Asia’s rise has been swift. Home to more than half of the world’s population, the region has climbed from low- to middle-income status within...
Finance Ministry cuts economic growth outlook to 2.8%
BANGKOK (NNT) – After three quarters, the global economic slowdown and the ongoing trade war between China and the United States, are still having...
Fitch Ratings raises Thailand’s outlook to positive
Investors who plan to establish a business in a foreign country usually examine its credit rating first. Fitch Ratings, an international credit rating agency,...
IMF and SCB lower Thai growth forecast under 3%
Siam Commercial Bank’s (SCB) Economics Intelligence Center (EIC) has adjusted its Thailand 2019 economic growth projection from 3 percent down to 2.8...
Thailand drops to 40th in WEF Global Competitiveness Report
Thailand is the 40 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report...
Thai private sector cuts economic growth forecast to 2.7-3% from 2.9-3.3%
The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) agreed today to lower down the economic growth projection (GDP) to 2.7-3% from 2.9-3.3%...
Asia’s Economic Outlook Dims as Trade and Investment Weaken
Economic growth in developing Asia remains robust but prospects have further dimmed and risks to the region’s economies are rising as trade and investment...