Showing 1 - 10 of 12
World Bank cuts Thai growth forecast
Business, Somruedi Banchongduang, Published on 02/04/2024
» The World Bank has slashed its forecast for Thailand's GDP growth in 2024 to 2.8%, citing a global trade slowdown and delays in the country's fiscal budget disbursement.
World Bank to downgrade Thai growth estimate
Business, Nareerat Wiriyapong, Published on 07/03/2024
» The World Bank is lowering its economic growth forecast for Thailand this year to reflect the delay in fiscal budget disbursement and external risks, noting that Thai interest rates are appropriate, though the government should come up with targeted economic measures.
Facing up to inequality
News, Editorial, Published on 04/12/2023
» No government policy can truly achieve sustainable development if it fails to effectively address the underlying issue of inequality.
Worker skills, education 'key to cutting inequality'
News, Mongkol Bangprapa, Published on 30/11/2023
» Thailand can reduce income inequality by boosting workers' skills and improving education, according to the National Economic and Social Development Council (NESDC).
Thailand's smaller cities can help drive growth
Business, Published on 12/10/2023
» Cities in Thailand outside Bangkok can accelerate the country's growth but will need to find ways to access private capital to improve urban infrastructure, according to a World Bank study.
World Bank puts Thai growth at 3.9%
Business, Published on 30/06/2023
» Thailand's economy is projected to expand 3.9% in 2023 from 2.6% last year because of stronger demand from China, Europe and the US, private consumption growth and a recovery in tourism, says the World Bank in its semi-annual Thailand Economic Monitor.
Focus on growing state revenue
Business, Published on 13/06/2023
» After a significant fiscal response to Covid-19, Thailand now needs to address growing spending needs while keeping public debt under control, according to a new World Bank report.
Thailand must raise revenue to boost spending: World Bank
Published on 29/05/2023
» Thailand must bolster its revenue collection in the long term to meet growing public spending needs stemming from an ageing population, according to the World Bank.
World Bank eyes slower Thai growth
Business, Published on 15/12/2022
» The Thai economy is projected to recover faster than expected this year, but will face slower growth in 2023 because of global headwinds, according to the World Bank.
Economy can withstand global risks, says finance minister
Reuters, Published on 14/12/2022
» The Thai economy is still on the recovery path and should grow 3.4% in 2022 and 3.8% next year, supported by a rebound in the vital tourism sector, Finance Minister Arkhom Termpittayapaisith said on Wednesday.