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.
Thai central bank lowers economic outlook World

Thai central bank lowers economic outlook

The Bank of Thailand (BOT) has reduced its economic outlook to a contraction of 8.1 percent this year, deeper than the 1997 financial crisis, but kept the policy rate on hold at 0.5 percent, according to local media.
ADB revises down Laos’ economic growth outlook World

ADB revises down Laos’ economic growth outlook

Laos’ economic growth will be moderate in 2019 and 2020, projected to be at 6.2 percent, slightly lower than April forecast of 6.5 percent, according to a new Asian Development Bank (ADB) report.
Singapore raises 2017 economic growth forecast World

Singapore raises 2017 economic growth forecast

The Ministry of Trade and Industry (MTI) of Singapore said on November 23 that it decided to adjust the country’s economic forecast this year to 3-3.5 percent from an earlier prediction of 2-3 percent.