Showing 1 - 10 of 178
NESDC sees rising global risks in 2023
Business, Chatrudee Theparat, Published on 23/06/2022
» Structural changes in geopolitics are likely to create more risks for the Thai economy next year, warns the state planning unit's chief.
Growth cut due to inflation, slowdown
Business, Chatrudee Theparat, Published on 18/05/2022
» Mounting pressure from inflation, energy prices, the global economic slowdown and the prolonged conflict between Russia and Ukraine prompted the government's planning agency to lower its economic growth forecast yesterday to 2.5-3.5% for the year, down from the previous forecast of 3.5-4.5% in February.
Finance minister adamant on Thailand's fiscal stability
Business, Chatrudee Theparat, Published on 25/03/2022
» Finance Minister Arkhom Termpittayapaisith insists Thailand still has enough fiscal stability to support the government to grow the economy despite the double whammy of soaring food and oil prices driven by strong demand and the Russia-Ukraine war.
Study trims growth to 3% if crude averages $150
Business, Chatrudee Theparat, Published on 25/03/2022
» Thai economic growth may fall to 3% this year if the Dubai crude oil price averages US$150 per barrel, according to a joint study by the government's planning unit, the Bank of Thailand and the Fiscal Policy Office.
NESDC bullish on growth prospects
Business, Chatrudee Theparat, Published on 22/02/2022
» The National Economic and Social Development Council (NESDC) is maintaining its 2022 forecast for economic growth at 3.5-4.5%, with the state planning unit expecting the government to successfully contain the spread of the Omicron variant without any more restrictions.
State advised to rejig manufacturing
Business, Chatrudee Theparat, Published on 17/02/2022
» The government is being urged to pay more serious attention to speeding up the production sector's restructuring to create new jobs and boost economic growth.
Cabinet okays B41bn BCG action plan for 2022-27
Business, Chatrudee Theparat, Published on 09/02/2022
» The cabinet on Tuesday approved an action plan to drive bio-, circular and green (BCG) economic development between 2022 and 2027 with a total budget of almost 41 billion baht.
EEC seen as solution to 'middle-income trap'
Business, Chatrudee Theparat, Published on 08/01/2022
» The government's flagship Eastern Economic Corridor (EEC) is expected to play a key role in helping Thailand overcome the "middle-income trap" by 2029.
Unemployment rate reaches 2.25% in Q3
Business, Chatrudee Theparat, Published on 23/11/2021
» Thailand's labour market has been severely affected by the strict measures to control the spread of Covid-19, with the unemployment rate jumping to 2.25% in the third quarter from 1.89% in the previous three months, while household debt continued to grow.
State to boost EEC investment in 2023
Business, Chatrudee Theparat, Published on 20/11/2021
» The government has set its sight to boost investment in the Eastern Economic Corridor (EEC) in fiscal 2023, starting from October 2022, to 500 billion baht and raising economic growth in three EEC provinces -- Chonburi, Rayong and Chachoengsao -- to 6%.