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Southeast Asia has been hit badly. Daily infections for Indonesia, Thailand, Vietnam are at their worst, on a seven-day moving...
In the Thailand Economic Monitor released today, the World Bank adjusted its outlook on Thailand’s economic growth this year to just 2.2% from its previous forecast...
Thailand’s GDP fell by 6.1 percent in 2020, the largest contraction since the Asian financial crisis. The tourism sector, which accounts for about a fifth of...
The direct contribution of travel and tourism to Thailand's economy was around 10% of GDP before the pandemic, but the economic repercussions of a significant slowdown...
According to the 2022 fiscal budget bill, which has public spending set at 3.1 trillion baht, accounting for 17.9% of GDP, the government would need to...
As much of the Asia-Pacific region is gearing up for a 2022 reopening and recovery, Thailand is now lagging behind many countries in vaccine procurement and...
Thailand's (Baa1 stable) total dependency ratio is set to jump nine percentage points to 51% by 2030 – a faster increase than China's – which will...
In April 2021, the Thai economy began to be affected by the third wave of the COVID-19 outbreak according to a report published by the Bank...
