Tag: world bank

The World Bank has upgraded Thailand’s 2026 growth forecast by 0.7 percentage points to 2.0%, citing stronger exports linked to the global AI boom, but warned that flooding, a potential severe El Niño and weak domestic adoption of AI could ...

The World Bank Group's EAP Economic Update, released today, reports that economic growth in the East Asia and Pacific (EAP) region is projected to slow in 2026 due to external shocks.

The global economy is demonstrating greater resilience than expected, even amid ongoing trade tensions and policy uncertainties, as highlighted in the World Bank’s latest Global Economic Prospects report.

The World Bank Group's latest Commodity Markets Outlook projects global commodity prices to reach a six-year low in 2026, marking a fourth consecutive year of decline. This trend is attributed to weak global economic growth, an expanding oil surplus, and ...

Technology has been pivotal in the SEA region, creating 600,000 new jobs in the last five years. This has significantly boosted employment and economic growth.

The World Bank has downgraded Thailand’s economic growth forecast for 2025 to just 1.8%, a sharp 1.1% cut from its earlier projection. 

The World Bank has revised its economic growth forecast for Thailand, projecting a 2.9% expansion in 2025, an increase from the 2.6% growth anticipated for 2024.

The 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.