Private sector cut GDP expectations after COVID-19 impact
The global spread of the COVID-19 disease is perceived by the private sector to be a significant setback for both the Thai and global...
Thailand’s Poverty on the Rise Amid Slowing Economic Growth
Thailand has successfully reduced poverty over the past three decades from over 65 percent in 1988 to under 10 percent in 2018. However, the...
Coronavirus’ economic impact in East and Southeast Asia
As the number of coronavirus cases continues to rise around the world, there are deep concerns over the potential economic impact of the virus....
Thai economy continued on a decelerating trend in January
According to the Press Release on the Economic and Monetary Conditions for January 2020 (Bank of Thailand), the Thai economy continued on a path...
NESDB projects 1.5-2.5 percent growth in 2020
This year, the country’s economy is facing another big concern from the COVID-19 virus situation. With help from the government’s economic measures, the...
Bank of Thailand expects 3% economic growth in 2021
The Bank of Thailand has released its latest overview of the Thai economy, which it expects will grow more than 3 percent in 2021....
Thai banks slash growth forecast around 2%
Several major Thai banks have drastically reduced their GDP growth forecast for 2020 citing the coronavirus epidemic, drought and fiscal delays.The coronavirus epidemic, the...
Thailand to implement measures to mitigate effects of coronavirus
BANGKOK (NNT) – The Cabinet has approved the Ministry of Finance’s proposal to introduce monetary and tax-related assistance policies to mitigate the side effects...