Russian Invasion to Shrink Ukraine Economy by 45 Percent

The war is also hitting hard the emerging and developing economies of Europe and Central Asia, a region that was already heading for an economic slowdown this year from the ongoing effects of the pandemic

How COVID-19 Pushed 4.7 million More People in Southeast Asia into Extreme Poverty

Two years after the pandemic began, the report says growth prospects are brighter for economies with widespread technology adoption, resilient merchandise exports, or rich natural resources

PTT Backs “Team Thailand” to Boost Electric Vehicle (EV) Sector

PTT Public Co Ltd, the state-owned oil and gas giant, has suggested that the government and private sector establish “Team Thailand” to promote the Electric Vehicle (EV) segment.

Thailand, Pakistan, Vietnam among most vulnerable countries to energy shock

Morocco, Thailand, Vietnam and Pakistan are some of the most-affected larger economies, based on energy import and gross domestic product data from the United Nations.

Thailand braces for growth aftershocks from Ukraine war

The coming sanctions against Russia will also likely hurt not only Russia but also the US, the West, and emerging markets, especially if they are highly dependent on the export of goods and service like Thailand.

How War in Ukraine Is Reverberating Across World’s Regions

The biggest effects on current accounts will be in the petroleum importers of ASEAN economies, India, and frontier economies including some Pacific Islands. This could be amplified by declining tourism for nations reliant on Russian visits.

Thai Economy Improved in February as Restrictions Eased

According to Chayawadee Chai-Anant, a senior BOT director, the Russia-Ukraine crisis is likely to push up inflation and cause global financial volatility, but Thailand’s external stability remains good.

Thailand could Earn $3.4 Billion with Digital and Circular Economy says World Bank

The financial institution said in a statement that Thailand, a $544 billion economy before the pandemic hit, needs an innovation-led growth model. It added that the Kingdom needs to address existing foreign investment constraints in order to create better jobs and become a high-income nation.