Consumer confidence hits 20-month high in November

According to a survey released on Thursday, stronger economic activity following the relaxation of Covid-19 limits and an increase in foreign visitor arrivals helped Thai consumer confidence rise for a sixth consecutive month in November

Thailand to sell 60 billion baht ($1.67 bln) of government bonds

Thailand’s public debt at the end of September was 10.37 trillion baht, or 60.41% of GDP, while the legal ceiling is set at 70%.

Bank of Thailand maintains key rate at 0.50 percent

The Committee assessed that the Thai economy would continue to recover, as the Omicron variant would exert limited pressure on the public health system.

SEC revises investment rules for the cross-investing fund

Asset management companies may choose to invest in mutual funds that concentrate on a specific type of assets and require specific expertise of fund managers to ensure economy of scale for such investment management.

Thai banking system remained resilient amid new wave of COVID-19

Thai banking system remained resilient with high levels of capital fund, loan loss provision and liquidity to accommodate loan demand and weather increasing economic uncertainties arising from the new wave of COVID-19, says Bank of Thailand

Thai bank revised up 2020 GDP forecasts to -6.4% and projected 2021 growth at 3.3%

This upward revision reflects the better-than-expected performance 3Q20, which can be attributed to stronger government spending and a rebound in exports

What’s wrong with Thailand?

Five ambassadors urged to open up Thailand to foreign skilled labour, cut red tape on foreign investment to allow Thailand to move in the top 10 of the World’s Bank’s ease of doing business index

Fitch confirms Thailand’s rating at ‘BBB+’ with a Stable Outlook

Thailand’s ratings are supported by strong public and external finances, which have provided buffers to respond to the economic shock and market volatility associated with the coronavirus pandemic.