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SCB EIC sees slow Thai economic recovery amid uncertainties
FRIDAY, DECEMBER 15, 2023
SCB EIC revised its growth forecast for 2023 to 2.6% due to a much lower-than-expected Q3 GDP outturn, a large contraction in government spending, and lower tourist arrivals than the previous forecast partly due to a slow recovery of Chinese tourists.
Prayut 'optimistic' on economic recovery as forex reserves, revenue surge
TUESDAY, FEBRUARY 21, 2023
Prime Minister Prayut Chan-o-cha is upbeat on Thailand’s economic recovery after the central bank reported a rise in foreign exchange reserves and the Finance Ministry's revenue collection exceeded its target, a senior government official said on Tuesday.
Global issues and inflation put a damper on Thai economic recovery
WEDNESDAY, AUGUST 03, 2022
The Thai economy is entering a "parallel universe" marked by deglobalisation, geopolitical conflict, high inflation, and rising interest rates, KKP Research said on Wednesday.
World Bank optimistic of Thai economic recovery next year despite likely contraction in 2020
THURSDAY, APRIL 02, 2020
The impact of the Covid-19 outbreak will be severe beyond expectation, the World Bank warned but added it was confident that Thailand has the financial resources and innovative policies to deal with the challenges.