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Economics

Thailand’s think tank urges cheap fares for new rail routes

The Thailand Development Research Institute (TDRI) is studying how electric train fares could be adjusted along new routes to ensure fairness and affordability to...

IMF cut global growth GDP in 2019 to 3.3% warning of higher risk

The International Monetary Fund (IMF) announced its downward revision of global growth estimate in 2019 to 3.3%, down from 3.5%, and of global trade...

SCB cuts GDP growth forecast to 3.1%

Bangkok, (NNT) – Government investment remains the main factor in steering the economy as the trade war between the United States and China has...

Political uncertainty takes toll on Thai growth

According to the World Bank’s Thailand Economic Monitor (July edition), risk to the economic outlook in Thailand are primarily domestic. ...

Kasikorn Bank lowers 2019 GDP growth forecast to 3.1%

Kasikorn Research Center (KResearch) has adjusted its expected GDP growth figure this year, lowering it from 3.7 to 3.1 percent as a result of...

China Cuts 2019 GDP Growth Target to 6.0-6.5%

Ending the Two Sessions 2019, China announced that it is lowering its economic growth target to 6.0-6.5%, the slowest in nearly 30 years. ...

Thai vehicle production shrinks 6.11% YoY in May

BANGKOK, 14 June 2019 (NNT) – The Thai vehicle production yield in May 2019 was lower by 6.11 percent year-on-year due to implications from...

Aging society and skill shortage key issues in Thailand’s economy

13 June 2019 Singapore, June 13, 2019 — —Thailand will likely maintain continuity on infrastructure investment, after the country’s recent election results. ...

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