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Thailand’s economic growth slowed in the fourth quarter as reduced exports and factory activity, together with tightening monetary conditions, curbed private consumption, a Reuters poll of economists found.Growth in Southeast Asia’s second-largest economy was forecast at 3.5% year-on-year in the October-December period, down from 4.5% ...

Thailand’s central bank said it wants to see household debt levels below 80% of gross domestic product (GDP) to help reduce economic and financial risks, an official said on Tuesday.But measures introduced so far and a recovery in the economy might not be enough to ...

The Thai Board of Investment (BoI) on February 14 unveiled its strategies to attract foreign investors over the next three to five years.BoI Secretary-General Narit Therdsteerasukdi said the board’s strategies are in line with the country’s long-term socio-economic development plans and they support manufacturing and ...

Thailand’s inflation will likely slow down this year and there is no need for the central bank to raise interest rates aggressively like other countries, Bank of Thailand (BoT) deputy governor Mathee Supapongse said on Wednesday. Policy normalisation will be gradual and will not affect the ...

Thai consumer confidence rose for a seventh straight month in December, reaching a 25-month high, boosted by improved economic activity and higher foreign tourist arrivals, a survey showed on Thursday.The consumer index of the University of the Thai Chamber of Commerce rose to 49.7 in ...

The Thai government, businesses, and citizens are cherishing the news of returning Chinese tourists with the first group of 286 passengers who arrived on Monday. The Tourism Authority of Thailand estimates that 5 million Chinese tourists will visit our country this year, bringing with them ...

Thailand’s economy may not reach a forecast growth of 3.8% next year due to a global economic slowdown, but this year’s outlook should still be achieved, the finance minister said on Tuesday.Slowing exports will not affect the ministry’s growth outlook of 3.4% for this year ...

Thailand’s core inflation surged to the highest since 2008 on higher energy and food costs, piling pressure on the nation’s central bank to start raising interest rates.Core price gains, which strips out volatile food and fuel items, was 3% in July, quickening from 2.51% a ...

Thailand’s economy is still expected to grow 2.75 per cent to 3.5 per cent this year, helped by increased exports, more tourists, and government support, but faces rising inflationary pressures, a leading joint business group said on Wednesday (Aug 3).Exports are expected to increase 6 ...

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) believes the banking sector will delay raising the interest rate in line with the Bank of Thailand’s anticipated gradual policy rate hike.Under the policy rate hike trend in the second half of this year, banks ...