News

Expectations for sluggish economic growth this year are firming, with the nation’s peak private-sector grouping flagging potential hits to exports and tourism from the prospect of simultaneous slowdowns in China and the United States and the trade war they are waging.Keep reading ...

Political risk is making it more difficult to assess whether a pickup in Thailand’s economic momentum will continue into 2019 and beyond.Keep reading ...

Thailand’s gross domestic product (GDP) growth soared to five-year highs in Q1 of 2018. The Thai economy grew by 4.8% last quarter, surpassing predictions. The surge has led the statistics agency to reassess its growth predictions for the year. It now estimates 2018 growth of 4.2- ...

Economic growth in the Asean region is expected to remain robust in the coming years on the back of improving global demand, according to a new report. But two key risks could derail this rosy outlook: interest rates rising faster than expected, or an escalation ...

The Bank of Thailand (BoT) has forecast that the economic growth in the first quarter of this year will be similar to the last quarter of 2017 at 4%. According to the BoT, exports and tourism contributed to the economic growth in the first quarter of ...

The Asian Development Bank raised its 2018 economic growth estimate for developing Asia to 6% from 5.8%, citing solid export demand, but said US protectionist measures and any retaliation against them could undermine trade.Keep reading ...

Confidence is riding high according to the Joint Standing Committee on Commerce, Industry and Banking. They report that the private sector remains confident about Thailand’s economic growth of 4.5% being maintained as exports and tourism continue to rise.Keep reading ...

Kasikorn Research Center (KSC) has maintained its economic growth forecast for Thailand at 4% this year despite US trade barriers. The KRC claimed even though the US’s imposition of tariffs on certain import goods would affect many countries in different ways, the impact would be ...

The Asian Development Bank has collaborated with the Office of the National Economic and Social Development Board in holding a seminar on 25 years of Greater Mekong Subregion economic collaboration.Minister of the Prime Minister’s Office Korbsak Phutrakul delivered a keynote address on growth opportunities in ...

The Thai economy over the past two months has continued to grow on the back of higher consumer confidence and industrial output, as well as the government’s secondary welfare programs. The government has continued to operate a budget deficit in order to stimulate the economy.Keep ...