News
Economic crisis could lead to House dissolution: poll
The current economic crisis could possibly lead to dissolution of the House of Representatives, according to a survey by Suan Dusit Rajabhat University, or Suan Dusit Poll.The poll was conducted online on Feb 14-17 on 1,148 people throughout the country to compile their opinions on ...
Bangkok Post Reporter
Omicron outbreak key risk to economic recovery
Thailand’s outbreak of the Omicron coronavirus variant could have a larger and more prolonged impact than expected on an economic recovery, according to minutes of the central bank’s last policy meeting released on Wednesday.Although, under the baseline scenario, the Omicron outbreak would not derail the ...
B254bn spent on four economic relief schemes in last year
More than 41 million people participated in four popular economic relief programmes with their combined spending exceeding 254 billion baht last year, says the Finance Ministry.The figures were rounded off on Friday. The programmes are the third-phase aid for holders of state welfare cards, aid ...
Bangkok Post Reporter
Thailand 2022 Economic Forecast
Thailand’s economy has been struggling for the past two years due to the Covid-19 outbreak. However, through the cooperation of various sectors and the highvaccination uptake, Thailand is able to finally reopen borders, allowing the economy to recover.Newsline’s Sandra Hanutsaha talks with Dr. Kirida Bhaopichitr, ...
Thai economy gradually moving in the right direction, says BOT
The Thai economy grew by 0.9 per cent as expected in December, though fears over the Omicron variant may slow things down in the first quarter of 2022, the Bank of Thailand (BOT) said.Chayawadee Chai-Anant, senior director of BOT’s Corporate Communications Department, said that despite ...
The Nation Reporter
Festive spending at 12-year low
Spending during the festive season is expected to remain below 100 billion baht for a second straight year, hitting a 12-year low as growing concerns over the Covid-19 Omicron variant continue to undermine public sentiment.The University of the Thai Chamber of Commerce (UTCC) revealed its ...
Phusadee Arunmas
Cabinet approves new stimulus plan
The cabinet on Tuesday approved another package of measures to boost consumption and support an economy still struggling with the collapse of its vital tourism sector.The measures include a tax deduction of 30,000 baht for shoppers, an extension of the existing co-payment scheme and a ...
Bangkok Post Reporter
Finance ministry cuts 2021 GDP outlook
The Finance Ministry on Thursday cut its 2021 economic growth forecast to 1.0% from a previously projected 1.3% expansion, the fourth such revision this year, as the country struggles to recover from the pandemic.Thailand suffered a 6.1% economic slump last year, after the collapse of ...
Economy to grow more than 1% this year
The economy is expected to grow by more than 1% this year, helped by improved exports and government measures as well as a gradual recovery in tourism, Finance Minister Arkhom Termpittayapaisith said on Wednesday.The economy suffered a 6.1% economic slump last year, with the vital ...
Economy to improve in fourth quarter on eased curbs
The economy should improve further in the final quarter of this year thanks to government support measures and September’s relaxation of coronavirus curbs to spur activity, a deputy prime minister said on Thursday.The government will ensure the supply of Covid-19 vaccines is boosted to support ...
