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BUSINESS

BoT cuts 2021 GDP rise to 0.7%

Business, Somruedi Banchongduang, Published on 05/08/2021

» The Bank of Thailand (BoT) has slashed its economic growth projection for this year again to 0.7% as the third wave of Covid-19 has had a more severe impact on the country's economy since the central bank conducted its earlier projection.

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BUSINESS

BoT decreases growth outlook to 3.2% in 2021

Business, Somruedi Banchongduang, Published on 24/12/2020

» With uncertainties and downside risks remaining, the Bank of Thailand has slashed the country's GDP growth outlook for next year by 0.4 percentage points, attributed chiefly to an anticipated delay in tourism recovery.