Sunday, May 5, 2024

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Economics

World Bank report highlights challenges and opportunities facing Thailand

Thailand's 2024 SCD Update highlights challenges like inadequate human capital, lagging productivity, and infrastructure gaps, urging reform for sustainable growth.

Positive outlook for Thai tourism after mutual visa exemption with China came intoforce

Thailand and China's visa exemption agreement is one month old, with positive outlooks and increased tourism interest. The agreement aims to boost trade and...

Thai Parliament Approves Delayed 2024 Budget

Thailand's lower house passes delayed 3.48 trillion-baht budget for fiscal year 2024, focusing on increasing consumption and economic recovery.

Good news about digital wallet scheme in April Srettha

Prime Minister announced good news about the digital wallet scheme, schedule meeting for April 10 to consider reports for final approval in April, injecting...

Thailand’s $14 billion cash stimulus plan postponed to Q4

Thailand plans $14 billion cash handout program in Q4 to stimulate economy. 10,000 baht to 50 million adults, excluding high-income earners.

Lower court ordered to accept petition challenging True-DTAC merger

Supreme Administrative Court orders lower court to consider petition from consumers seeking to revoke telecom merger. Concerns raised about higher charges, limited competition, and...

UTTC lowers Thailand’s 2024 growth forecast to 2.6%

Thailand's 2024 economic growth forecast reduced to 2.6% due to fragile recovery, slow investment, weak consumer power, and delayed budget disbursement.

Sluggish business in Bangkoks New Chinatown

Pracharat Bamphen Road in Bangkok, known as the "New Chinatown", is facing slow business with the closure of Chinese restaurants due to competition, fewer...

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