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The Thai economy will be powered by a southern land bridge megaproject, which will connect the Gulf of Thailand with the Andaman Sea, as part of the state’s ambitious plan to make Thailand a logistics hub in Asean, says Transport Minister Saksayam Chidchob.The minister highlighted ...

The National Economic Development Council (NESDC) aims to make Thailand Aseans biggest economy, suggesting four areas to increase potential.NESDC secretary-generalDanucha Pichayanan said Thailand’s competitiveness ranking by the Institute of International Institute for Management Development (IMD), Switzerland, was at 28 out of 64 countries, up one ...

Thailand will only see clear signs of economic recovery in the last quarter of 2021 if the current outbreak can be brought under control by the end of July, the Kasikorn Research Center said Thursday.“The Thai economy in the fourth quarter will grow considerably if ...

The Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) expects the Thai economy to pick up in the fourth quarter this year — faster than earlier projections of the first quarter of next year — if the government can maintain momentum of its vaccine ...

Thailand’s economy has been mired in a contraction for five consecutive quarters, starting with a 1.8% dip in the first quarter of 2020 followed by an alarming 12.2% nosedive in the second quarter.The contraction was less severe at only 6.4% in the third quarter, shrinking ...

Thai exports are maintaining healthy growth momentum and likely increased by more than 10% in April, says Commerce Minister Jurin Laksanawisit.Mr Jurin revealed on Friday the country’s exports have passed the low point, with outbound shipments increasing by more than 10% in April from US$18.9 ...

Thailand and many of its neighbours are struggling with the spread of Covid-19 cases while they await the beginning of mass vaccination programmes to counter the pandemic.Thailand’s financial system has been hit hard by the latest coronavirus outbreak and the central bank says its economy ...

The Thai economy shrank by 2.6% in the first quarter of this year — an improvement from a 4.2% contraction in the previous quarter — after it was boosted by a continued increase in agricultural production, recovery of non-agricultural production, acceleration in domestic investments, rise ...

Thailand’s gross domestic product (GDP) in the first quarter of this year contracted by 2.6 per cent because the third wave of Covid-19 infections has hurt the economy and tourism industry, the National Economic and Social Development Council (NESDC) said on Monday.However, it was a ...

Thailand’s economy probably shrank again in the first quarter of this year, a Reuters poll showed on Friday, as coronavirus outbreaks hurt consumption and tourism, slowing the pace of the economic recovery.Southeast Asia’s second-largest economy, which is heavily reliant on tourism, is believed to have ...