News

The economic cabinet has decided to inject another 316 billion baht into the economy through a new stimulus package and remains optimistic that economic growth will be more than 3% this year despite the sluggish global outlook.Keep reading ...

Two key economy-related state agencies have taken drastic measures to curb the impacts from the US-China trade war as the Thai economy slows.The Finance Ministry is pressing state enterprises to inject 130 billion baht into their investment projects by the end of this year, while ...

The Thai government is considering to work on “packages of economic activities” to stimulate its slowing economy, Thailand’s new finance minister, Uttama Savanayana, told the Nikkei Asian Review in an interview in Tokyo on Wednesday.Keep reading ...

The Bank of Thailand (BOT) is expected to maintain its policy interest rate at 1.75 per cent until at least the end of 2019, according to TMB Analytics.The next meeting of the country’s Monetary Policy Committee will be on June 26, 2019.  Many central banks ...

The Thai economy is projected to grow 3.8% in 2019, slightly below last year’s 4.2%. The main reason is slower growth in the global economy. thailand-business-news.com reports that this is likely to lead to a deceleration in Thai exports and tourism, which will impact domestic ...

Heightened political uncertainties in Thailand after an election meant to herald a return to democracy have clouded the outlook for economic policy, the central bank said in minutes of a meeting earlier this month that left interest rates unchanged.Keep reading ...

Thailand in late March held its first elections since 2014. Whatever its shortcomings, the vote ensured that elected representatives in parliament have some measure of accountability and provided a legitimate outlet for dissent. Keep reading ...

Leading economists and manufacturers have warned that an increase in the minimum daily wage, as pledged by major political parties in the run-up to the general election in March in response to calls from labour groups, will dampen the competitiveness of the Thai economy.Keep reading ...

Thailand suffers calamities at both ends of the annual weather spectrum – both drought and flood. But as the demands on agriculture grow, with a growing population and the rise of tourists and development, the effects of these two extremes are becoming more apparent.Keep reading ...

A spreading drought has emerged as a new risk for Thailand’s cooling economy in addition to domestic political tension and slower exports.The country’s hot and dry season is more acute than expected amid a possible El-Nino weather event, leaving just over a quarter of top ...