The number of foreign tourist arrivals severely contracted at 76.4 percent compared to the same period last year in all nationalities.
The Thai economy was expected to expand at a lower rate than previously assessed and below potential due to the slowdown of trading partner economies and global trade
Thai Prime Minster said the project will help strengthen ties between Thailand and China, reflecting a mutual commitment to infrastructure development to help promote economic prosperity, connectivity, and relations between the people of Thailand and China.
GDP growth this year is now expected down to 2.6 percent, but the council now expects 2020 GDP to grow at least 2.7 percent when the export sector is expected to recover
The International Monetary Fund's (IMF) has revised up Thailand's economic outlook to a 7.1 percent contraction, from a 7.7 percent decline, due to the government's measures to support the business sector.
La Thaïlande sera le pays le plus touché des pays d'Asie du Sud-Est par la récession en 2020 (-4,8%) d'après les prévisions de la Banque asiatique de développement (BAD).
Les données du BOI montrent que la Thaïlande compte actuellement plus de 56 000 ressortissants étrangers titulaires de visas et de permis de travail approuvés.
Companies are starting to rethink business with the hopes of redefining how we measure success.
The value of Thai exports dropped by -4.9%YOY in March 2019, a contraction continuing from February 2019 with -3.4%YOY growth (excluding one-time shipments of
Thailand's economy could contract as much as 7,3% in 2020 according to Siam Commercial Bank’s Economic Intelligence Centre (EIC) latest projection.
On an annual basis, gross domestic product (GDP) rose 2.4% in the third quarter, less than the forecast 2.6%.
While the Asia-Pacific region has made impressive progress in reducing extreme poverty, with women helping to power growth, fully closing the gender equality gap could take another 100 years.
The COVID-19 crisis has caused the rate of economic growth in the CLMV bloc to be at its lowest in two decades, the CLMV economies could grow at 3.4 percent this year
US assumptions around the eventual convergence of these two systems have radically shifted, hence Trump officials believe a re-orientation of long-standing economic and political arrangements that have brought these nations closer together is now required
According to one estimate, 420-580 million people worldwide could be pushed into poverty, with as much as 240 million of them living in the East Asia and Pacific region.
Thailand’s commercial banks are financially sound and are able to withstand any economic impact from the pandemic, Bank of Thailand (BoT) Deputy Governor Ronadol Numnonda said
At present, the Thai authorities are continuing to stimulate the economy to achieve optimal growth levels, before activity levels return to pre-Covid-19 levels towards the end of 2021.
The Thai Parliament approved three key emergency decrees providing Bt1.9-trillion aid package to businesses and people hit by the Covid-19 fallout
Thailand SET was down 0.82%, or 1265 as Investors are growing increasingly worried about rising tensions between China and the United States
About 23 million Thais affected by the COVID-19 crisis will receive a 5000 baht financial aid from the government for next three months.
Thailand, which has received praises for its performance in containing the COVID-19 outbreak, has since 3 May 2020 gradually relaxed restrictions on local travel and certain types of business, while implementing strict social distancing rules.
The World Economic Forum's Global Risks Report is here, and makes for cheerful reading: risks are getting riskier, and different risks are more connected. "Such a broad risk landscape is unprecedented in the 11 years the report has been measuring global risks," the World Economic Forum said in a statement. These are the seven things you [...]
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The Thai economy is projected to grow 3.8% in 2019, slightly below this year’s 4.2%. The main reason is slower growth in the global economy.
The ongoing COVID-19 pandemic has already decreased Thailand's monthly household income by 70 percent.
Asian markets rose Monday as a further easing of lockdowns around the world offset another round of data highlighting the sharp economic pain being inflicted by the virus.
Thai household debt stood at 79.8 percent of GDP in the first quarter of this year, it said in a report issued by the National Economic and Social Development Council (NESDC).
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Les nouvelles mesures de restrictions à l'entrée adoptées par la Thaïlande s’apparentent à une fermeture de facto de ses frontières
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According to World Bank study, the debt-to-GDP ratio of developing countries has climbed 54 percentage points to 168 percent since the debt buildup began in 2010.
Fiscal policy is an essential tool at the disposable of the government to influence a nation’s economic growth. The fiscal policy is used in coordination with
