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BOT expects 3% economic growth in 2021

BANGKOK(NNT) - The Bank of Thailand has released its latest overview of the Thai economy, which it expects will grow more than 3 percent in 2021. Meanwhile the latest report by the National Economic and Social Development Council...

Cabinet approves 1.7 billion baht budget for underwater…

BANGKOK(NNT) - The Cabinet has approved a 1.7 billion baht budget for a project to construct an underwater electricity ...

EGAT lauds success of RAC NAMA Fund

BANGKOK (NNT) The Electricity Generating Authority of Thailand (EGAT) has collaborated with the Office of Natural Resources and Environment Policy and Planning as well as the International Cooperation Organization of Germany (GIZ) to compel nine air conditioning industry...

Thai residents in China urged to fly back when they can

BANGKOK(NNT) - The Department of Consular Affairs has advised Thai nationals residing in China to consider travel out of China while airlines are still operating. Those who find it necessary to stay in China, are reminded to...

Gov’t to introduce major tourism sector packages in March

BANGKOK(NNT) - The government is to introduc major measures to help the tourism sector and the economy affected by the COVID-19 virus situation. Deputy Prime Minister Somkid Jatusripitak announced today that the government will be issuing additional tourism and...

Thailand considers CPTPP membership

BANGKOK (NNT) - The International Economic Policy Committee has held a meeting chaired by Deputy Prime Minister Somkid Jatusripitak to consider the pros and cons of Thailand joining the Comprehensive and Progressive Agreement for a Trans-Pacific Partnership (CPTPP),...

New Thai-Chinese Chamber of Commerce head outlines policies

BANGKOK (NNT) - The new President of the Thai-Chinese Chamber of Commerce, Narongsak Puttapornmongkol, is promoting a policy supporting joint investment, connecting the Belt and Road Initiative and the Eastern Economic Corridor (EEC). He has expressed confidence that...

Governments most exposed to coronavirus have strong fiscal and external buffers

As measures to contain the coronavirus and fear of contagion hit consumption and production, downside risks to our GDP growth forecast for China (A1 stable) have increased., says Moody’s Research Announcement. For the rest of the world, the most immediate economic implications will manifest through a fall in tourist arrivals...