The Thai Chamber of Commerce (UTCC) has predicted that the Thai GDP this year will shrink between 9.4 to 11.4 percent due to the COVID-19 pandemic.
In June 2020, the Thai economy improved from the previous month due to the gradual relaxation of lockdown measures both in Thailand and abroad, supporting economic...
At present, the Thai authorities are continuing to stimulate the economy to achieve optimal growth levels, before activity levels return to pre-Covid-19 levels towards the end...
Thailand's economy could take as long as two years to return to pre-pandemic levels, according to Bank of Thailand and World Bank forecasts.
Thailand’s economy is expected to be impacted severely by the COVID-19 pandemic, shrinking by at least 5 percent in 2020 and taking more than two years...
The World Bank says that as much as 8.3 million workers in Thailand could lose jobs or income from the coronavirus pandemic, bringing the number of...
Thai exports shrank 22.5 percent in May to a 4-year-low of 16 billion U.S. dollars, worsening the export contraction outlook for 2020 to 10.3%
Developing Asia is expected to grow by 0.1% this year, the slowest rate since 1961 while Southeast Asia is expected to contract by 2.7%
