Showing 1 - 10 of 14
IMF: Thai GDP down 6.7%
Business, Oranan Paweewun, Published on 16/04/2020
» The IMF downgraded the economic forecast for Thailand in 2020 to a contraction of 6.7%, making it the worst performer among its Asean peers if the multinational lender's projection holds true. The revision is attributed to the economic toll of the coronavirus.
Research houses concur on heavy toll
Business, Oranan Paweewun, Published on 04/04/2020
» The Thai economy is forecast to shrink by 4.8% by Asian Development Bank (ADB), 5.6% by Siam Commercial Bank's Economic Intelligence Center (EIC) and 5% by Standard Chartered Bank (Thai), heading for its deepest contraction since the financial meltdown of 1998.
Fitch offers balanced Thai forecast
Business, Oranan Paweewun, Published on 19/03/2020
» Fitch Ratings has lowered its outlook on Thailand's long-term foreign currency issuer default rating to stable from positive, reflecting impacts of the coronavirus spread on Thailand's economy through its tourism sector and lingering political uncertainty after the country's transition to civilian rule.
BoT: 2.5% growth in 2019 likely
Business, Oranan Paweewun, Published on 31/12/2019
» Thailand's economic growth is expected to close at 2.5% in the October-to-December quarter, leading the full-year figure to achieve the central bank's forecast of 2.5%, though risk remains to the downside, says a senior official.
The 2020 guide to market moves
Business, Oranan Paweewun, Published on 16/12/2019
» As the new year approaches, it's time to turn our thoughts to establishing financial goals and investment resolutions.
BoT upbeat on fourth-quarter outlook
Business, Oranan Paweewun, Published on 30/11/2019
» Even though the economy got off to a rough start in the fourth quarter, the Bank of Thailand remains optimistic that the period's reading will fare better than the third quarter's.
KResearch spots 4% GDP growth in 2019
Business, Oranan Paweewun, Published on 08/12/2018
» The Bank of Thailand's rate-setting committee is expected to lift the policy rate for the first time in more than seven years at this year's final meeting on Dec 19, while the Thai economy is projected to grow at a slower pace of 4% next year, down from 4.3% predicted for 2018, says Kasikorn Research Center (KResearch).
ADB hikes Thai GDP outlook on strong H1
Business, Oranan Paweewun, Published on 27/09/2018
» The Asian Development Bank (ADB) has raised Thailand's economic growth forecast to 4.5% this year and 4.3% in 2019 after robust growth of 4.8% in the first half amid improving economic prospects.
Analysts: Q2 reading may show slower GDP growth
Business, Oranan Paweewun, Published on 14/08/2018
» Thailand's economic growth may have cooled in the second quarter as higher imports offset a boost from robust exports and tourism, economists say.
ADB raises full-year GDP view to 4.2% after Q1 surge
Business, Oranan Paweewun, Published on 20/07/2018
» The Asian Development Bank upgraded Thailand's economic growth outlook to 4.2% this year following robust growth of 4.8% in the first quarter but is keeping its forecast for 2019 unchanged at 4.1%, says ADB's outlook supplement report.