Thailand’s GDP grew by 2.3% in the second quarter of 2024
Thailand's GDP grew 2.3% in Q2 2024, driven by private consumption and exports, but investment and agriculture declined.
Thailand’s central bank keeps interest rate at 2.50 percent
The Bank of Thailand's Monetary Policy Committee maintains the policy rate at 2.50%, citing economic recovery from tourism and domestic demand, while anticipating inflation...
Realizing Higher Growth Potential in Thailand Through Bold Structural Initiatives and Reforms
Thailand’s economy is growing, with a forecast of 2.8% in 2024 and 3.4% in 2025, boosted by tourism and private demand.
Thailand’s Economy Exhibits Encouraging Trends
The Thai Industries Sentiment Index rose to 89.3 in July due to demand for food, medicine, and cosmetics, despite high debt.
Thailand leads mobile banking penetration
In Thailand, 74% of internet users access banking via mobile, surpassing the global average. Southeast Asia leads in mobile economy growth, with investments driving...
Thailand rolls out 10,000 THB digital wallet initiative
The Thai government is initiating a 450 billion baht digital wallet program, distributing 10,000 baht to eligible citizens to stimulate the economy, despite concerns...
BOT to review Minimum credit card debt Payment rate
The Bank of Thailand considers reducing minimum credit card debt payment rate from 8% to 5% to alleviate financial strain on consumers amid rising...
Thai government clarifies rules for withdrawing cash from digital wallets
Deputy Govt. Spokesperson clarifies Digital Wallet scheme for merchants, refuting false claims about transaction limits, cash withdrawals, tax compliance.
