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Search Result for “NESDC”

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THAILAND

Government set to defend 2026 budget bill

News, Mongkol Bangprapa, Published on 27/05/2025

» The government is ready to defend the 2026 fiscal year budget bill and explain its spending plan during the first reading scheduled for tomorrow until Saturday, said Prime Minister Paetongtarn Shinawatra yesterday.

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GENERAL

Thai consumer spending tightens

Business, Post Reporters, Published on 26/05/2025

» Quiet tourist attractions with fewer guests and complaints from local merchants about stagnant purchasing power have become more pronounced, as the Thai economy braces for another slump in the second quarter, which is typically a low season for spending.

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GENERAL

Digital handout on hold

News, Wichit Chantanusornsiri, Published on 20/05/2025

» The government has postponed the third phase of the 10,000-baht handout programme to instead spend the funds on solving structural issues and investing in infrastructure projects, insisting the project is not scrapped but only delayed.

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GENERAL

NESDC slashes growth forecast to 1.8%

Published on 19/05/2025

» The state planning unit has slashed its economic growth forecast for this year to 1.8%, down from its earlier projection of 2.8% due to the impact of the global trade war.

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GENERAL

Thailand slashes growth forecast on impact of trade war

Published on 19/05/2025

» Thailand significantly lowered its forecast for economic growth this year as the global trade war undercuts private investment and exports, adding to already-weak consumption at home.

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GENERAL

Thai economy saw Q1 boost ahead of higher US tariffs

Bloomberg News, Published on 19/05/2025

» Thailand’s economy grew at a faster-than-expected pace last quarter as businesses front-loaded orders in a bid to avoid the Trump administration’s threatened 36% tariff. Gross domestic product in the January-March period rose 3.1% from a year earlier, the National Economic and Social Development Council said on Monday.

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GENERAL

Would more debt fix the economy?

Business, Wichit Chantanusornsiri, Published on 17/05/2025

» A total of seven emergency loan decrees were issued from 1998 to 2021, authorising combined borrowings of 3.83 trillion baht to address various economic crises, including the Asian financial crisis and the Covid-19 pandemic.

GENERAL

Panel to discuss stimulus measures on Monday

Wichit Chantanusornsiri, Published on 16/05/2025

» New economic stimulus measures will include short-term investment initiatives, spanning four to five months, designed to sustain economic growth of at least 2% this year, according to finance permanent secretary Lavaron Sangsnit.

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OPINION

Why OECD membership matters

News, Published on 12/05/2025

» In a highly fragmented world, Thailand's accession to the Organisation for Economic Cooperation Development (OECD) is more than just a diplomatic gesture -- it marks a transformative opportunity to accelerate structural reform and attract high-quality investment. Today, the 38 OECD member countries account for over 60% of global GDP and 75% of world trade, with over half of global energy consumption -- underscoring the bloc's strategic importance.

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GENERAL

Call for Thai budget rejig

Business, Wichit Chantanusornsiri, Published on 16/04/2025

» Last year, for the first time in a decade, Thailand surpassed Malaysia in the IMD World Competitiveness Center's global rankings, coming in second in Southeast Asia behind Singapore, which retained the top spot at the regional level and was ranked as the world's most competitive economy.