Economy and commerce

Interest rates forecast to continue rising

Research houses expect the Bank of Thailand to raise its policy rate one or two additional times this year because of an upside risk to inflation as the economy recovers.SCB Economic Intelligence Center (EIC), a research unit of Siam Commercial Bank, predicts the central bank’s ...

Bangkok Post Reporter

Asean is fast-tracking digital transformation and more FTAs, officials say

Asean will focus on increasing the use of digital technology to expand trade and enhance economic cooperation among its 10 member states, according to a recent meeting of senior economic officials who oversee the bloc’s economic agenda for this year.Asean will also continue trade talks ...

The Nation Reporter

April export value falls 7.6%

The dollar value of Thai exports fell for a seventh straight month in April, down 7.6% from a year earlier, the Ministry of Commerce said on Tuesday, as global demand remained slow. The decline was far more than the 2% fall forecast in a Reuters ...

Bangkok Post Reporter

Thai economy must accelerate decarbonisation as global restrictions rise: NESDB

The National Economic and Social Development Council (NESDB) has issued a warning that Thailand must take more decisive actions to turn its carbon reduction plans into reality.The country is facing mounting regulatory pressure from export markets and foreign investors, necessitating a proactive response.Danucha Pichayanan, the ...

The Nation Reporter

BoI posts 77% rise in value

The value of investment in Thailand soared by 77% year-on-year to 185.7 billion baht from 397 project proposals between January and March, with South Korea being the top foreign investor in terms of value  in the first quarter, says the Board of Investment (BoI).Foreign investment ...

Bangkok Post Reporter

Thailand Faces $438 Billion Household Debt in Risk to New Leader

Rising household debt is a “time bomb” awaiting Thailand’s new government, and the problem will likely be more apparent when the ongoing economic recovery loses momentum, an official said.“It’s like a ticking time bomb that can explode later,” Danucha Pichayanan, secretary-general of the National Economic ...

Thai PPI index edges downwards, but still higher than many major economies

Thailand’s Producer Price Index (PPI) declined year on year for the second consecutive month in keeping with the global trend this year.Poonpong Naiyanapakorn, the director-general of the Trade Policy and Strategy Office (TPSO), said on Monday that the global PPI showed a clear downward trend ...

The Nation Reporter

Tourism to limit economic pain as new government awaited

Thailand has not been spared the political uncertainty that usually comes with elections, yet foreign tourists returning by the millions this year are counted on to help shield Southeast Asia’s second-largest economy. The influx of visitors — totalling 6.5 million in the first quarter of 2023 ...

Thailand eyes 3 deals by 2024

Thailand wants to conclude free-trade agreement (FTA) talks with the European Free Trade Association (Efta), Sri Lanka and the United Arab Emirates (UAE) by the middle of next year to improve trade and investment. The Thai-Sri Lankan FTA is of particular interest in terms of location, ...

Phusadee Arunmas

BOT likely to take steps to contain Thai household debt as total exceeds THB15.09 trillion

Thai household debt rose to 15.09 trillion baht at the end of last year, after a 180-billion baht increase in the fourth quarter of 2022.However, the debt-to-gross domestic product (GDP) ratio saw a marginal quarter-on-quarter decline from 87% to 86.9% in the fourth quarter of ...

The Nation Reporter

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