March inflation hits 51-month low at -0.54 percent
The inflation rate of the Thai economy has been reduced sharply by lower oil prices and a lesser demand for goods due to the...
Thailand’s export to contract by 7% in 2020
The Bank of Thailand and the Center for International Trade Studies at the University of the Thai Chamber of Commerce (UTCC) forecast exports to...
Covid-19 to cut Asian growth to 2.2%, Thailand -4.8% (ADB)
Regional economic growth in developing Asia will decline sharply in 2020 due to the effects of the novel coronavirus (COVID-19) pandemic, before recovering in...
Thai Cabinet approves Measures to Ease Economic Impact of COVID-19
To mitigate the negative economic impact on employers and employees in the sectors most affected by the outbreak of COVID-19, the Thai government has...
BoT says Thailand’s economy to shrink by 5.3 per cent in 2020
Due to the coronavirus (COVID-19) outbreak, the Thai economy would contract significantly in 2020 and headline inflation would become negative, said the Bank of...
COVID-19 Set to Dampen Asean and China’s Economic Growth
The ongoing coronavirus outbreak will dampen economic growth in China this year, but the scale of the impact remains uncertain and will depend...
Private sector cut GDP expectations after COVID-19 impact
The global spread of the COVID-19 disease is perceived by the private sector to be a significant setback for both the Thai and global...
Thailand’s Poverty on the Rise Amid Slowing Economic Growth
Thailand has successfully reduced poverty over the past three decades from over 65 percent in 1988 to under 10 percent in 2018. However, the...
