Households and SMEs’ debt raise concerns (BoT)
The Bank of Thailand concluded that Thailand’s financial system remained sound, with commercial banks and insurance companies holding ample capital buffers. However, there remained some...
S&P upgrades Thailand’s sovereign rating outlook top positive
S&P said the positive outlook was a signal that the sovereign rating could be raised over the next 24 months “if there are clearer...
ADB Trims Southeast Asia’s growth forecast to 4.4%
The Asian Development Bank (ADB) has trimmed its forecasts for economic growth in developing Asia this year and next year as growth in the...
Thai economy continued to be on a decelerating trend (Bank of Thailand)
According to Bot latest Press Release, the Thai economy continued to be on a decelerating trend in October. The value of merchandise exports...
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...
