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Deputy Prime Minister Somkid Jatusripitak has urged the public not to discuss Thailand’s economic problems too frequently, saying this could have a psychological impact on investor confidence.Mr Somkid said that he was ready to explain the economic slowdown if the opposition raised the issue at ...

Amid downgrades in economic growth forecasts pressured by protracted global trade uncertainties and strong baht lies a perennial social problem: swelling household debt.While the Bank of Thailand (BoT) has taken stern steps to bring down the borrowing level by tightening its grip on mortgage to ...

The Joint Standing Committee on Commerce, Industry and Banking has revised downward its forecast of Thailand’s economic growth this year to between 2.7 per cent and 3.0 per cent from the previous projection of between 2.9 per cent and 3.3 per cent.Keep reading ...

Thailand’s economic growth forecast of 2.8% for this year is below potential, the central bank governor said on Monday, adding the bank was ready to review monetary policy if conditions worsen.While the Bank of Thailand (BoT) downgraded the 2019 growth outlook from the previous 3.3% ...

Jurin Laksanawisit, the Deputy Prime Minister and Commerce Minister, has announced 10 measures to drive the country’s economic growth.The measures include an agricultural products price guarantee programme, investigations to ensure that prices of products and service price are fair, a boost in the country’s exports, ...

Thailand’s economic growth is expected to slow in 2019 because of rising global trade tensions and domestic political uncertainty, with local business operators suffering from negative momentum from the US-China dispute, says Deputy Prime Minister Somkid Jatusripitak. Keep reading ...

The global economic slowdown, the prolonged US-China trade war, lack of clarity on Britain’s exit from the EU and trade sanctions from other countries have led to Thai exports failing to achieve their target in the first quarter of the year, the Thai National Shippers’ ...

The economic growth forecast for this year could be revised down to 3.7-4.2 per cent from the earlier estimate of 4-4.5 per cent, the Centre for Economic and Business Forecasting under the University of Thai Chamber of Commerce said.The downward revision follows the expected power ...

With the stronger baht constraining Thai economic growth, other small emerging market economies are facing the risk of recession, economists warn.Teerana Bhongmakapat, former dean of economics at Chulalongkorn University, expressed concern about the baht’s rise against the US dollar and regional currencies. “The overshooting baht ...

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 ...