Thai economy expected to recover in 2022's first quarter World

Thai economy expected to recover in 2022's first quarter

Thailand’s herd immunity can be reached with 100 million vaccines administered by the end of 2021, with economic recovery forecast thanks to 1.1 million more international tourists in the first quarter of 2022, according to the Thammasat University Research and Consultancy Institute (TU-RAC)’s research.
Thai baht performs worst in Southeast Asia World

Thai baht performs worst in Southeast Asia

The Thai baht was the worst performer among commonly traded Southeast Asian currencies during the first quarter of 2021, the Nikkei Asia Review cited Refinitiv, a global provider of financial market data and infrastructure.
NESDC: Thai economy posts highest contraction since 1998  World

NESDC: Thai economy posts highest contraction since 1998

The State planning agency National Economic and Social Development Council (NESDC) of Thailand said on February 15 that the country’s gross domestic product (GDP) shrank 6.1 percent in 2020 due to the wide spread of COVID-19 pandemic, the highest contraction in the past more than two decades.
Thai economy battered by new wave of COVID-19 World

Thai economy battered by new wave of COVID-19

Thailand’s GDP growth could drop below the 3.2 percent baseline projection due to lower foreign arrivals amidst uncertainty regarding COVID-19 vaccine efficiency, and reduced fiscal stimulus, according to the latest minute from the Bank of Thailand’s Monetary Policy Committee (MPC).
Thailand to focus on socio-economic recovery in the next two years World

Thailand to focus on socio-economic recovery in the next two years

Thai Prime Minister Prayut Chan-o-cha has underscored that the country’s economic and social development plan over the next two years should focus primarily on community-level economic development, enhancing competitiveness, upgrading human resources and infrastructure development.