Tag: Economy

A former top minister suggested that Thailand faces another economic crisis fueled by world events. Kobsak Pootrakool, who was with the Prime Minister’s Office, said...

Relaxation of Covid-19-related tourist-entry restrictions helped Thailand’s tourism industry recover, with signs of improvement across all sectors, the Bank of Thailand said. The tourism sector...

Thailand's economy is expected to continue growing amid the inflation crisis, as authorities reaffirm their commitment to addressing all existing challenges. Energy Minister Supattanapong Punmeechaow...

Continuing its borrowing ways, Thailand finalized a loan of more than 13 billion baht from the Japan International Cooperation Agency. The 50-billion-yen loan was permitted...

. Finance Ministry unsure economy needs another cash infusion

Inflation hit 5.73% in March, the highest rate in 13 years with the government blaming the Russia-Ukraine war for rising energy prices. Trade Policy and...

Thailand continued to spend money it doesn’t have Monday, approving another 8.5 billion baht for its coronavirus response and 10 more subsidies to reduce...

Russia’s invasion of Ukraine could cost the Thai economy 245 billion baht and hinder economic growth this year, the University of the Thai Chamber...

The Joint Standing Committee on Commerce, Industry and Banking revised its prediction on Thai economic growth downwards to 2.5-4.5% this year while proposing the...

Years of recession ended Monday as Thailand reported that its economy grew 1.6% in 2021. The economy returned to growth in the fourth quarter, but...

The Bank of Thailand expects headline inflation to top an earlier forecast of 1.7% this year, but should remain within the central bank’s target...

. Commerce Min to tell manufacturers what products should cost in futile bid to beat inflation

The Bank of Thailand will wait at least a year before raising interest rates from current record lows to support the economy, which has...

The Board of Investment has approved the expansion of investment stimulus and the period for promotion measures in the Eastern Economic Corridor zone to...

The World Bank isn’t as rosy on Thailand’s economy as Thailand’s bureaucrats are. Following Thai government forecasts of 1.5 percent and 1.2 percent growth in...

The Finance Ministry said it expects the economy to fully recover by 2023, driven mainly by tourism. Minister Arkhom Termpittayapaisith said 2022 should see the...

Inflation in November surged to 2.7 percent, the highest pace in seven months, fueled by the easing of disease controls and business reopenings. Ronnarong Phoolpipat,...

The government’s economic task force approved four new schemes to attract rich foreigners to Thailand, overseas film productions and support cloud-computing and tech startups. The...

The University of the Thai Chamber of Commerce’s economic forecasting center now expects the economy to expand by 1.5 percent this year, owing to...

Thailand’s economy contracted less than expected in the third quarter, with the relatively strong exports offsetting the devastating effects of the coronavirus delta variant. Gross...

Fuel prices and severe floods pushed inflation to 2.38 percent in Thailand last month. The Finance Ministry said headline inflation jumped from 1.68 percent in...

... Unless you've got 40 million baht to burn, of course.

The Joint Standing Committee on Commerce, Industry and Banking revised its forecast on Thailand’s gross domestic product up by 1 percent to range between...

The Bank of Thailand’s Monetary Policy Committee voted Wednesday to maintain the policy rate at 0.50 percent. The Committee assessed that the Thai economy in...

The Bank of Thailand is crafting ways to reduce the country’s household debt burden, including borrowing from financial institutions and other loan sources not...