Kasikorn Research Centre sets flood-induced economic damage at 7–17 billion baht
KASIKORN Research Centre’s analysis estimates that the economic impact of floods arising from continuous rainfall from Friday to Sunday (Sep. 25-27) is approximately 7–17 billion baht while risks associated with natural disasters and extreme weather, which are becoming increasingly frequent and severe, pose a significant structural challenge to the Thai economy, Naewna newspaper said […]
Read MoreThai central bank raises economic outlook, holds rates as expected
By Reuters and published by CNA THAILAND’S central bank upgraded its economic growth forecasts on Wednesday (June 24), signalling a modest improvement in the outlook after it held interest rates steady for a second straight meeting. The Bank of Thailand (BOT) said it expected economic growth to come in at 2.3 percent this year, […]
Read MoreCollapse of World Economic Forum “Peace & Security” index exposes poor decision-making by global business leaders
A MEASUREMENT index of global cooperation in the field of “Peace & Security” has fallen to its lowest level ever. As a result of the growing sense of insecurity and frustration with “the system”, the patience of the global public is “wearing thin because time is running out.” So says the Global Cooperation Barometer […]
Read MoreThailand asks Australia to gradually apply carbon emission measures
AT the first Thailand-Australia Strategic Economic Dialogue held here today (Sep. 23) the Thai team asked Australia to gradually apply carbon emission measures as this affects millions of Thai workers in the automotive industry, TV Channel 7 said. Representing the two countries in the key talks were Australia’s Assistant Minister for Trade Tim Ayres […]
Read MoreWorld Bank cuts Myanmar’s growth forecast to 1% as conflict worsens
By Reuters and published by CNA ECONOMIC growth in conflict-torn Myanmar will be around 1 percent for the 2024-2025 fiscal year, the World Bank said today (June 12), as escalating violence, labour shortages and a depreciating currency make it harder to do business. In December, the World Bank had projected Myanmar’s economy would grow […]
Read MorePM calls special meeting as Thai GDP growth lags other Asean countries
By Naewna newspaper and Reuters – published by Msn.com PRIME MINISTER Srettha Thavisin who is currently overseas this morning (May 21) posted a message on X that he will be convening a meeting of ministers in charge of the economy on Monday May 27 after learning that Thai GDP growth in the first quarter […]
Read MoreAir pollution cost Thai economy 4.616 trillion baht in 2019: Academic
A KASETSART University professor said in a research paper that air pollution from PM2.5 particles caused 2.173 trillion baht economic damage to Thai households in 2019 and if all pollutants (PM10, PM2.5, CO, NOx, NO2) are included the total soared to 4.616 trillion baht, Matichon newspaper said today (Feb. 23). Mr. Wissanu Attawanich, an […]
Read MorePrayut mum on Pridiyathorn leading Palang Pracharath’s economic team
PRIME Minister Prayut Chan-o-cha today (Oct. 21) refused to comment on a possible cabinet reshuffle and a suggestion that former deputy prime minister MR Pridiyathorn Devakula is suitable to head Palang Pracharath Party’s economic team, Thai Rath and Matichon newspapers said. After attending the Special Economic Zone Development Policy Committee meeting at the Government […]
Read MoreThammanat won’t return to Prawit’s camp as long as Prayut remains in power
By Thai Newsroom Reporters THAI ECONOMIC PARTY leader Thammanat Prompao will definitely not return alongside 15 MPs under his command to the ruling Palang Pracharath Party as long as Prime Minister Prayut Chan-o-cha remains in power, confirmed a Thai Economic MP today (Oct. 6). Thammanat, who was deposed from the Prayut cabinet following last […]
Read MorePalang Pracharath opts to not compete against Thai Economic Party
By Thai Newsroom Reporters THE PALANG PRACHARATH Party will not contest against the Thai Economic Party for any constituencies in the next general election, especially those in the northern region, said caretaker Prime Minister Prawit Wongsuwan today (Sept. 12). Prawit who concurrently heads the largest coalition Palang Pracharath Party made his comments during an official […]
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