News
Global economy to hit Thai tourism
The Tourism Authority of Thailand (TAT) forecasts revenue of 1.2-2.38 trillion baht next year, according to its new 2023 strategy, but this is likely to be challenged by global inflation and rising interest rates, with spending already taking a hit.TAT governor Yuthasak Supasorn said the ...
Bangkok Post Reporter
IMF boosts global growth forecast, warns of diverging rebound
The International Monetary Fund upgraded its global economic growth forecast for the second time in three months, while warning about widening inequality and a divergence between advanced and lesser-developed economies.The global economy will expand 6% this year, up from the 5.5% pace estimated in January, ...
Global and Thai economic forecast for 2020
The Thai economy will improve only slightly if the investment and export sectors recover, or it could worsen if a new political crisis affects the investment and consumption sectors. Also, if a war develops between Iran and the United States, oil prices could spike 20 per ...
The Nation Reporter
Consumer confidence continues decline
The Consumer Confidence Index fell again in September for the seventh consecutive month despite the introduction of economic stimulus measures, the director of the University of the Thai Chamber of Commerce’s Centre for Economic and Business Forecasting said on Thursday (October 10).Keep reading ...
The Nation Reporter
Supachai warns Thailand to prepare for a slowdown in global economy
The global economy is in dissarray with no clear direction, while the US-China trade war is having an adverse impact on investors’ confidence worldwide, warned Supachai Panitchpakdi, former director-general of the World Trade Organisation.Keep reading ...
Wichit Chaitrong
