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Economics
Kasikorn Research Center maintains at 2.6% its GDP growth projection for 2024
Kasikorn Research Center has maintained its GDP growth projection for Thailand at 2.6% for the year.
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Thai exports grew by 7% year-on-year in August 2024
In August 2024, the monthly export value of Thai goods reached $26,182.3 million, reflecting a robust year-over-year growth of 7%.
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Thailand approves 7.12 Billion Baht budget for Electric Vehicle Subsidy Program
The Thai government has approved a budget allocation of 7.12 billion baht to fund the electric vehicle (EV) subsidy program,...
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Rapid appreciation of the baht is affecting Thailand’s tourism and export sectors
Kriengkrai Thiennukul highlighted the adverse effects of the appreciating baht on production costs and tourism, urging for currency stability to...
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Public Backs “Retirement Lottery” savings bonds
The Ministry of Finance conducted a public consultation on potential amendments to the National Savings Fund Act, particularly about introducing...
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SCB EIC forecasts Thailand’s GDP growth at 2.5% for 2024 and 2.6% for 2025
SCB EIC forecasts Thailand's GDP growth at 2.5% for 2024 and 2.6% for 2025, with tourism driving growth. Inflation will...
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Fewer Than 40 Million Will Receive Handouts in Thailand
Thailand's digital wallet scheme saw 36.4 million sign-ups, falling short of the forecasted 40 million. The distribution of 10,000 baht...
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Thailand Set to Raise Minimum Wage to Nearly $12 a Day Starting Next Month
Thailand will raise its minimum wage to THB400 (US$11.7) daily from October 1, 2024, while implementing supportive measures for businesses...
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Overcoming Thailand’s Economic Challenges for Sustainable Development
As Thailand navigates its way through the hardships of 2024, the country's economic landscape is expected to face significant long-term...
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Business Leaders Reject Nationwide 400 Baht Minimum Wage Hike
Natthaphon opposes the nationwide minimum wage hike, advocating for regional adjustments based on economic conditions to prevent inflation, protect businesses,...
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