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Thailand’s State Monetary and Fiscal Policy Committee has decided to raise the ceiling of the public debt-to-GDP ratio from 60% to 70%
The Bank of Thailand held the interest rate steady at 0.5% during its scheduled meeting in August. Current risks are pointing to the downside, with the...
Southeast Asia has been hit badly. Daily infections for Indonesia, Thailand, Vietnam are at their worst, on a seven-day moving average. The Philippines and Malaysia are...
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...
the rise in Covid-19 cases will likely deter tourist arrivals through Q221 and potentially delay plans to allow tourists into Phuket from July, with Thailand having...
The Minister of Finance is expecting the economy will grow 4-4.5% next year, however it may take up to 4 years for visitor numbers to recover.
This upward revision reflects the better-than-expected performance 3Q20, which can be attributed to stronger government spending and a rebound in exports
Thai economy next year is expected to grow by 3.5-4.5 percent, while the Ministry of Finance has prepared more measured to be rolled out