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Search Result for “National Economic and Social Development Council”

Showing 1 - 10 of 1,934

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GENERAL

Banking loan growth to slump in Q2

Business, Somruedi Banchongduang, Published on 21/05/2025

» Loan growth in the banking sector is expected to slow in the second quarter this year due to rising uncertainty surrounding global trade policies, according to an executive at the Bank of Thailand.

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THAILAND

PM backs hold on handout

Published on 21/05/2025

» Prime Minister Paetongtarn Shinawatra has defended the government's decision to postpone the third phase of the 10,000-baht handout programme, saying uncontrollable circumstances made it impossible to implement it.

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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

Trade tensions remain on edge

Business, Published on 19/05/2025

» After the US announced on April 9 it would temporarily suspend tariff hikes on several countries for 90 days, the global trade sector breathed a sigh of relief.

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THAILAND

Celebrating Norwegian Constitution Day and 120 Years Together

Published on 17/05/2025

» Today, 17 May 2025, marks a special day for all Norwegians — Norwegian Constitution Day. On this occasion, the Royal Norwegian Embassy, in collaboration with the Thai-Norwegian Chamber of Commerce, is proud to highlight the unique tradition of celebrating the day, commemorating the signing of the Constitution 211 years ago in 1814.

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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.

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GENERAL

Asian markets cool after rally fed by trade truce

Business, Published on 17/05/2025

» RECAP: Asian markets limped into the weekend as investors consolidated gains after a week-long rally spurred by a truce in the China-US trade war.