Economics

Thai Economy likely to miss the 3.5% growth target

Deputy Prime Minister Somkid Jatusripitak said the global economic slowdown hasweakened exports and reduced domestic consumption

Published

4 months ago

May 20, 2019

National News Bureau of Thailand

Deputy Prime Minister Somkid Jatusripitak said the Thai economy is likely to stay below the 3.5% growth target as projected earlier.

He said the global economic slowdown hasweakened exports and reduced domestic consumption. He added that delays in private investment during the general election also dampened GDP in the first quarter.

Economics

Thailand’s economy grew at 2.3%YOY in 2019Q2, lowest in 19Q

Agricultural sector contracted by drought effect while industrial sector’s deteriorated following the export-related production.

Published

2 days ago

September 13, 2019

Economic Intelligence Center Siam Commercial Bank

Thailand’s economic growth in the second quarter of 2019 decelerated at 2.3%YOY, which is the slowest rate in nineteen quarters.

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Economics

Thailand’s Q2 growth rate at 2.3%, lowest in 19 quarters

Thailand’s economic think-tank warned that something must be done quickly by the government, otherwise the economic situation will get worse.

Published

3 weeks ago

August 28, 2019

Headline Editor

Thailand’s economic growth rate for the second quarter of this year registered at 2.3%, compared to 2.8% for the first quarter, which is the lowest in 19 quarters

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Banking

Thailand’s four challenges : Debt, inequality, plastics and climate change

Thais tended to get into debt faster, for longer and for higher amounts. Indebtedness starts as soon as they begin to work at age 25 and can increase until 56 years old.

Published

1 month ago

August 8, 2019

Headline Editor

Bank of Thailand Governor Veerathai Santiprabhob, in his speech entitled “Formulating for the Future of Corporate Governance”, delivered at the Finance and Beyond National Director Conference 2019 in Bangkok (July 24th), said Thailand faces four challenges that require good governance in businesses to address.

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