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Economics

House to debate supplementary budget for digital wallet on Wednesday

House of Representatives will debate a proposed 122 billion baht supplementary budget for a digital wallet scheme on Wednesday. PM to join briefly, opposition...

SET Monthly Market Briefing For June 2024

Here is a summary of the content in 30 words: The Thai SET Index fell 3.3% in June 2024, with foreign investors selling THB 116...

Bridging Thailand’s Infrastructure Investment Gap

Thailand needs private sector-driven Thailand Infrastructure Investment Bank (TIIB) to mobilize private financing for infrastructure due to public finance constraints.

Negotiations on economic partnership with South Korea begin

Thailand and South Korea have started negotiations for an Economic Partnership Agreement to enhance bilateral trade and investment, with discussions covering various sectors like...

World Bank downgrades Thailand’s growth outlook to 2.4% due to declining exports

World Bank revises Thailand's 2024 GDP growth forecast to 2.4% due to weak exports, with focus on consumer spending, tourism, and export rebound.

Govt has Plan B if it fails to borrow from BAAC to fund digital wallet Paopoom

Government prepared with plans B and C if unable to borrow 172.3 billion baht for digital wallet scheme. Finance Ministry has not yet sought...

World Bank downgrades Thailand’s growth outlook to 2.4% due to declining exports

The World Bank has lowered Thailand's 2024 GDP growth forecast to 2.4% from 2.8%, due to weaker exports and public investment. However, private consumption,...

Committee Suspends Digital Wallet Budget for Further Review

Budget for digital wallet stipend program suspended due to concerns of potential violations to state fiscal and financial discipline act.

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