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Economics
ASEAN+3 Regional Economic Outlook (AREO) projects growth at 4.2% in 2024 and 4.4% in 2025
The October 2024 AREO update projects ASEAN+3 growth at 4.2% in 2024 and 4.4% in 2025, driven by external trade,...
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Indonesia consumer outlook: strengthened spending growth ahead as inflation eases
Consumer confidence and retail sales growth in Indonesia are improving, signaling increased consumer spending potential in 2024 and 2025, driven...
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Thai Chamber Predicts GDP Growth Surge from Digital Cash Stimulus
Chairman of the Thai Chamber of Commerce, emphasized the effectiveness of the cash handout in stimulating economic activity, particularly in...
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Thailand launches first stage of its USD 14 billion stimulus plan
Thailand's $14 billion stimulus plan seeks to invigorate the economy by distributing 10,000 baht to 45 million citizens, emphasizing local...
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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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