Thailand's Ministry of Finance reduced its 2025 economic growth forecast to 2.1% due to U.S. tariffs and global slowdown, projecting lower exports and tourist arrivals, but stronger domestic consumption.
Read moreDetailsThailand's Ministry of Finance reduced its 2025 economic growth forecast to 2.1% due to U.S. tariffs and global slowdown, projecting lower exports and tourist arrivals, but stronger domestic consumption.
Read moreDetailsThe Thai economy experienced a mixed performance in the second quarter, with expansion driven by the tourism sector and government spending, while facing challenges such as suppressed exports and production in some industries.
Read moreDetailsThe International Monetary Fund (IMF) has increased Thailand's GDP growth forecast to 2.9% for the current year, a 0.2 percentage point rise from the earlier prediction
Read moreDetailsThe World Bank has advised Thailand to refrain from easing monetary conditions until the economic outlook becomes clearer. This advice supports the central bank's interest-rate policy over the government's push for early easing.
Read moreDetailsThe Thai government aims to boost economic growth to 3% by increasing foreign arrivals, accelerating fiscal budget disbursement, and urging private investment.
Read moreDetailsThe Thai economy managed to evade a technical recession due to the growth experienced in the first quarter, following an economic contraction of 0.4% in the final quarter of the preceding year.
Read moreDetailsThailand's economic growth is expected to be 2.8% in 2024, lower than previously forecasted, due to weak exports and a delayed budget.
Read moreDetailsThe economic growth forecast for Thailand in 2024 has been revised downward to 2.6% from the previously projected 3.2%. This adjustment is attributed to several factors including a fragile economic recovery, a slowdown in private investment, weakened consumer purchasing power, ...
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