Consumer Confidence Index (CCI) hits 9-month high in November
BANGKOK (NNT) – The government’s economic stimuli has successfully nudged the Consumer Confidence Index in November 2020 into continued growth for a second month,...
Kasikorn Research expects Thailand’s GDP to grow 2.6% in 2021
Kasikorn Research Center has predicted that the 2021 GDP will grow 2.6%, suggesting the government to continue its various economic packages which have contributed...
Thai economy is expected to return to 4-4.5% growth in 2021
BANGKOK (NNT) – The Thai economy has been showing signs of recovery, thanks to the government’s many stimulus measures. The Minister of Finance is...
Thailand’s Public debt to GDP ratio within framework says Finance Minister
BANGKOK (NNT) – The Thai economy is gradually recovering, with monthly economic indicators, such as the consumer confidence index and domestic spending, showing positive...
IMF inches up Thailand’s GDP forecast from -7.7% to -7.1%
The International Monetary Fund (IMF) has adjusted Thailand’s GDP growth forecast, from -7.7% to -7.1% for 2020. According to Finance Minister Arkhom Termpittayapaisith, this...
Thai private sector expects better economic recovery in Q4
BANGKOK (NNT) – The Thai economy is receiving a boost from government aid measures and improved export sector performance. From this, the Joint Standing...
Fitch confirms Thailand’s rating at ‘BBB+’ with a Stable Outlook
Fitch Ratings – Hong Kong – 29 Oct 2020: Fitch Ratings has affirmed Thailand’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB+’ with a...
Pandemic “Triple Shock” Hitting East Asia and Pacific Economies
COVID-19 has delivered a triple shock to the developing East Asia and Pacific (EAP) region: the pandemic itself, the economic impact of containment measures,...
