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The Monetary Policy Committee (MPC) of the central bank said it stands ready to use policy tools as appropriate and monitor structural problems which should be firmly addressed by all related parties.The statement was made on Tuesday (January 7) at the central bank and analysts’ ...

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 ...

A razor-thin majority in the House will no longer be a concern for the government this year, though challenges including persistent economic problems will put its abilities to the test, academics said.The coalition government led by the Palang Pracharath Party (PPRP) has secured two more ...

Thailand’s economy is likely to increase around 2.7-3.0 percent, according to the predictions by several economic institutions.The limited expansion is a result of negative effect from the weaker global economic performance, rising household debts and tech disruption that leads to less demand for manual workers.The ...

The Bank of Thailand (BoT) is expected to leave its benchmark interest rate at a record low on Wednesday after two cuts this year, a Reuters poll showed, although it was likely to downgrade its growth outlook again.All 16 economists in the poll predicted the ...

The economic foundation in Thailand remains strong, after an international credit rating agency recently raised the country’s outlook to positive, as the government continues short-term measures to stimulate the domestic economy amid the global economic slowdown.Keep watching ...

Kasikorn Research Centre has revised downward its gross domestic product (GDP) forecast for 2019 to 2.5 per cent and projected that the Thai economy may grow 2.7 per cent in 2020.The centre revealed the forecast at its seminar on “Business Outlook amid Numerous Challenges in ...

Thailand is facing an array of economic challenges that will take radical and strong leadership to even keep at bay in the next twenty years as the number of Thai people over 65 years of age expands to record levels with a diminishing workforce. On ...

The Thai economy stayed on the path of deceleration in October, the Bank of Thailand said in a report yesterday (November 29).The value of merchandise exports continued to contract, mainly due to the economic slowdown of trading partners, consistent with deterioration in manufacturing production and ...

Citizens’ confidence is strengthening in the Thai economy’s six-month outlook, according to a Regional Confidence Index compiled with data from 76 provincial treasury offices. The Thai Chamber of Commerce and Federation of Thai Industries announced the conclusion on Thursday (November 28).Keep reading ...