PM tells Finance Minister GDP growth must exceed 2.5% in 2026
CARTAKER Prime Minister Anutin Charnvirakul today (Feb. 19) summoned Deputy Prime Ministe-cum-Finance Minister Ekniti Nitithanpraphat, Minister of Digital Economy and Society Chaichanok Chidchob, and Justice Minister Pol. Gen. Ruttaphon Naowarat to a meeting where he emphasised that Thailand’s GDP growth must exceed 2.5% this year, Amarin TV said this evening. This followed the Office […]
Read MoreDebt stress leads to lingerie vendor committing suicide at market stall
A LINGERIE vendor stressed out over financial problems which she blamed on the slow economy hanged herself at her stall in a Trang City market today (Jan. 27), Naewna newspaper and Amarin TV said. At around 12.30 p.m. Pol. Lt. Col. Taweesak Rodrak, the investigating officer at Trang City police station, was alerted of […]
Read MoreThai economy’s competitiveness is declining, central bank warns
By Reuters and published by CNA THAILAND’S central bank said on Wednesday (Jan. 7) the economy is facing challenges, including a sustained decline in competitiveness, with exports expected to be negatively affected by US tariffs and the persistently overvalued baht. Southeast Asia’s second-largest economy has been struggling with an appreciating currency, US tariffs, high […]
Read MoreThai inflation posts eighth straight negative reading in November
By Reuters and published by CNA THAILAND’S annual headline inflation rate was negative for an eighth month in November, data showed on Wednesday (Dec. 3), and the Commerce Ministry said it was due to falling energy prices and government measures to alleviate the cost of living. The headline consumer price index fell 0.49 […]
Read MoreSevere floods have cost southern economy 25 billion baht so far: Research
KASIKORN Research Centre estimates that the critical flooding in the South has so far cost the regional economy 25 billion baht with 800,000 households affected and 400,000 rai of farmland damaged, PPTVHD36 said today (Nov. 26). The widespread inundation, in Songkhla as well as several other southern provinces including Nakhon Si Thammarat, Phatthalung, Surat […]
Read MoreThai economy improves in September but slows in third quarter
By Reuters – published by CNA and Thai Newsroom THAILAND’S economy improved in September from the previous month due to a rebound in manufacturing, rising exports and increasing foreign tourism receipts, but it was weaker over the entire July to September quarter, the central bank said today (Oct. 31). Domestic demand also slowed over […]
Read MoreFlare-up in US-China trade tensions poses a big risk to Thailand’s growth, deputy central bank governor says
By Karin Strohecker, Reuters, and published by Yahoo!News Washington- The fresh flare-up in trade tensions between the United States and China is a big risk to the outlook for Thailand’s economic growth, the country’s deputy central bank governor said, adding there was little room left to lower rates further. US President Donald Trump on […]
Read MoreThailand to spend 10bn baht to buy bad household debt, stocks edge up nearly 1%
By Reuters and published by CNA THE Bhumjaithai-led coalition government will spend 10 billion baht ($307 million) to buy bad debt this month, the Finance Minister said today (Oct. 9), as part of its plans to revive its sluggish economy. Thailand’s stubbornly high levels of household debt have shackled the economy for several years, […]
Read MoreEconomic policy consistency ‘will reduce risk of recession’
ALTHOUGH Thai gross domestic product (GDP) may dip in the third quarter of this year compared to the previous quarter the new government’s economic policy continuity will help mitigate the risk of recession with growth expected to recover slightly in the final quarter, according to a projection by Krungsri Research which PPTVHD 36 published […]
Read MoreThai consumer confidence at lowest in over two years in August
By Reuters and published by CNA THAI consumer confidence dropped for a seventh consecutive month in August to its lowest level in 32 months due to concerns about a slow economic recovery, political instability, and US tariffs, a survey showed today (Sep. 11). But sentiment could improve under Thailand’s new government, said Thanavath Phonvichai, […]
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