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Economics

Thai Cabinet approves new economic stimulus measures

The Thai Cabinet today approved three new stimulus packages to prop up the softening economy, said Finance Minister Uttama Savanayana. The government expects the...

Thailand’s 2019 Forecast Cut to 2.6% as Q3 GDP slows to 0.1%

Thailand’s economy grew at its slowest quarterly rate in a year in the third quarter, leading the government to cut this year’s growth...

NESDC cuts Thailand’s growth to 2.6%

BANGKOK (NNT) – The Office of the National Economic and Social Development Council (NESDC) has announced that Thailand’s Q3 2019 GDP growth came in...

Thailand has the worst Pension System from 37 Countries

The Netherlands again took the top spot in 2019 with most workers benefiting from defined benefit plans based on lifetime average earnings. Demographic...

EIC Export growth forecast for 2019 is maintained at -2.5%

Although China and the US reached a preliminary trade agreement on October 10-11, 2019, the ongoing trade war should still drag on, pressuring export...

We’ve entered the Asian Century and there is no turning back

Asia’s rise has been swift. Home to more than half of the world’s population, the region has climbed from low- to middle-income status within...

Finance Ministry cuts economic growth outlook to 2.8%

BANGKOK (NNT) – After three quarters, the global economic slowdown and the ongoing trade war between China and the United States, are still having...

Fitch Ratings raises Thailand’s outlook to positive

Investors who plan to establish a business in a foreign country usually examine its credit rating first. Fitch Ratings, an international credit rating agency,...

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