Economy and commerce

Bank of Thailand insists current policy interest rate ‘appropriate’

The current policy interest rate in Thailand is quite appropriate to the country’s economic landscape and recovery pace, the Bank of Thailand (BOT) insisted on Monday, in its latest response to the current debate which has seen some business leaders and analysts complain that interest ...

The Nation Reporter

Finance Ministry to release ESG investment promotional package

The Finance Ministry is preparing to release an incentives package to support environment, social, governance (ESG) related investments. The package, which is expected to be released in the first quarter of 2024, will include tax deductions for investments in such projects.According to the Finance Ministry’s ...

The Nation Reporter

Economic problems biggest burden in 2023: poll

Most people felt frustrated by economic problems in 2023 although in general they were fairly happy with the year, according to the results of a survey by the National Institute of Development Administration, or Nida Poll. The poll was conducted on Dec 12-20 by telephone interviews ...

Bangkok Post Reporter

Higher govt spending, export rebound expected to boost Thai GDP growth

Increasing government spending, higher public consumption as well as private investment could boost Thailand’s gross domestic product (GDP) growth in 2024 to 2.7 to 3.7 per cent, the National Economic and Social Development Council (NESDC) said on Friday.NESDC secretary-general Danucha Pichayanan said the council expected ...

The Nation Reporter

BOI approves 'green' investment projects, PM2.5 projects

The Board of Investment’s (BOI) board of directors have approved measures to promote investment to address the issue of PM2.5 particulate pollution, according to the organisation’s secretary-general, Narit Therdsteerasukdi.The measures involve expanding the scope of support through investment promotion measures for community and social development. ...

The Nation Reporter

Thailand’s export increases for 4th month in a row

Thailand’s export rose for a fourth consecutive month in November on the back of a consistent recovery in key trading partner markets, according to the Commerce Ministry.Shipment in the month increased by 4.9% to 23.48 billion USD, while import expanded 10.1% to 25.88 billion USD, ...

Thailand eyes completing FTA negotiation with EU in 2025

Thailand is scheduled to host a second round of talks on a free trade agreement (FTA) with the European Union (EU) at the end of January, reported the Bangkok Post.According to Chotima Iemsawasdikul, director-general of the Trade Negotiations Department, the Bangkok round of discussions will ...

Thailand’s exports surge 4.9% in Nov, projected to cross pre-Covid levels in 2024

Thailand’s exports rose by 4.9% in November compared to the same period last year, marking the fourth consecutive month of growth, the Commerce Ministry said recently.Data shared by the ministry suggests a positive trend towards a return to pre-pandemic levels, with an estimated growth of ...

The Nation Reporter

Govt 'solves' 233 cases of informal debt: PM

The government claims it has solved the informal debts of 233 registered debtors while Prime Minister Srettha Thavisin on Saturday went to observe a debt-solving model in Nan.According to government spokesman Chai Wacharonke, data from the Interior Ministry shows 106,863 debtors have registered with the ...

Bangkok Post Reporter

Thailand faces 20 years of low growth

The World Bank expects Thailand’s potential growth to be the lowest among Asean economies over the next 20 years because of the country’s ageing demographics and a slowdown in private investment.The potential growth of Thailand’s economy is expected to be around 3% for the next ...

Bangkok Post Reporter

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