News

The World Bank has reduced its forecast for Thailand’s economic expansion in 2019 from 3.5 to 2.7 per cent, while 2020 speculation was also brought down to 2.9 per cent from the earlier figure of 3.9 per cent.The World Bank had predicted in April that ...

Growth in developing East Asian and Pacific economies is expected to slow from 6.3 per cent in 2018 to 5.8 per cent in 2019 and then to 5.7 and 5.6 per cent in 2020 and 2021, respectively, according to a World Bank news release on ...

The next Thailand government (whoever that will be) needs to invest in human capital if the country is to achieve its goal of reducing inequality and reaching high income status by 2036, as is its ambition.The cost of under utilisation of human capacity in Thailand ...

The World Bank will support Thailand’s business sector since the government has conducted bureaucratic reforms to facilitate businesses.The World Bank’s Doing Business Research Team met with Prime Minister Prayut Chan-o-cha at Government House on Friday. He expressed his appreciation for the bank’s 27th place ranking ...

The World Bank is downgrading Thailand’s growth projections to 3.8% from 3.9% for 2019. This compares to last year’s 4.1% GDP. The Bank says that export growth has shrunk to 5.7% from last year’s 5.9%.The World Bank’s senior economist for Thailand, Mr. Kiatpong Ariyapratya, says ...

Sustained trade tensions could slash Asia’s economic growth by up to 0.9 percentage points in coming years, the International Monetary Fund said, urging policymakers in the region to liberalise markets to offset the fall in export sales.Keep reading ...

Southeast Asia has become a hot spot for emerging and re-emerging infectious diseases, which has led to stepped-up international efforts to strengthen national and regional pandemic preparedness capacity.Socio-economic, demographic and environmental factors are driving the emergence of more disease outbreaks in the region, according to ...