News

Thai Central Bank Says GDP May Be Worse Than Expected Next Year

Thailand’s gross domestic product could underperform next year if tourism remains weak, even as this year’s economic performance may beat sharply reduced forecasts, the country’s central bank head said Friday.All reasonable policy options are on the table in such a situation, although there’s currently no ...

NIDA Poll: Thais are worried that the ongoing political conflict will hurt the economy.

Despite the general election, Thais think that the political division still persists and it can threaten overall economic performance and their income, according to latest survey carried out by the National Institute of Development Administration, or NIDA Poll.The survey results showed that a majority of ...

Committee calls for action against strong baht to improve economic performance

The office of the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is concerned by the performance of the Thai economy in the second half of 2019. The office fears that the lack of stimulating factors and an ever-stronger baht may lead to lower ...

The Nation Reporter

Thailand ranks higher for competitiveness

Thailand has moved up five places, from the 25th from the 30th position, in a World Competitiveness ranking due to improved economic performance, government efficiency and infrastructure.The International Institute for Management Development (IMD) of Switzerland rated 63 economies for their economic performance, government efficiency, business ...

Bangkok Post Reporter

DPM: Strong baht reflects stable national economy

The Thai currency’s appreciation is an indication of the country’s good economic performance and stability, according to Deputy Prime Minister Somkid Jatusripitak.The deputy premier reassured investors about Thailand’s economic performance during his speech at the Federation of Thai Industries’ board meeting.Keep reading ...

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