Thai economy maintains growth momentum ASEAN

Thai economy maintains growth momentum

The overall economic outlook for Thailand this year remains positive, but inflation, global tensions, increasing interest rates and debt continue to pose a threat to the country's growth, Thailand’s National Economic and Social Development Council (NESDC) has said.
Thailand invests 100 million USD to boot job market World

Thailand invests 100 million USD to boot job market

Thailand’s cabinet has approved a budget worth 3.5 billion THB (100 million USD) to hire more than 68,000 recent graduates and jobless people nationwide through BCG (bio-, circular and green) projects to kick-start the job market as the COVID-19 pandemic continues to subside.
Thailand’s inflation follows upward trend World

Thailand’s inflation follows upward trend

Thailand’s inflation went up 4.65 percent in April from the same period last year and is expected to increase this month due to rising prices of fuel and cooking gas, according to the Thai Ministry of Commerce’s Trade Policy and Strategy Office.
Thailand to revise economic forecast for 2022 World

Thailand to revise economic forecast for 2022

Thailand's Finance Ministry plans to revise its 2022 forecast for Thai economic growth next month, focusing on the impact of rising inflation and spiking energy prices, said a ministry source who requested anonymity.
Thailand plans budget for fiscal year 2023 World

Thailand plans budget for fiscal year 2023

The Thai government is planning a fiscal 2023 budget worth 3.185 trillion THB (about 95 billion USD), with a deficit of 695 billion THB for the fiscal year, which starts in October 2022.
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.