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Search Result for “current account surplus”

Showing 1 - 10 of 771

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GENERAL

New stimulus to turbocharge GDP

Business, Wichit Chantanusornsiri, Published on 02/10/2025

» New Finance Minister Ekniti Nitithanprapas says the government's economic stimulus plan will enable GDP expansion of more than 1% in the fourth quarter, up from an earlier forecast of just 0.3%.

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THAILAND

The Aspiration Trap Fuelling Thailand’s Debt-Spend Dilemma 

Published on 30/09/2025

» Authored by:  John Wagner, Managing Director and Partner, Boston Consulting Group (BCG) Prashant Choudhary, Managing Director and Partner, Boston Consulting Group (BCG)

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GENERAL

Alarm on strong baht

Business, Somruedi Banchongduang, Published on 30/09/2025

» The continued appreciation of the baht against the US dollar, if left unaddressed, could weaken Thailand's competitiveness in both tourism and exports relative to its regional peers, cautions SCB EIC, the research centre under Siam Commercial Bank (SCB).

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GENERAL

Balance-sheet errors ‘not linked to baht surge’

Published on 23/09/2025

» Net errors and omissions in the country’s balance of payments were not a factor driving the baht’s appreciation against the US dollar, as they indicated a continued downward trend, according to the Bank of Thailand.

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GENERAL

Edging away from conflict

Business, Published on 22/09/2025

» The ongoing border dispute between Thailand and Cambodia is having a notable economic effect on both nations and their investors, which may cause foreign investors to re-evaluate their business strategies, particularly the Thailand Plus One model that allows them to leverage Thailand's robust infrastructure while taking advantage of lower labour costs in neighbouring countries, such as Cambodia.

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OPINION

The baht's troubling rise

Oped, Editorial, Published on 22/09/2025

» The Thai baht, since the beginning this year, has appreciated nearly 8% against the US dollar. Such an escalation makes baht the strongest among Asian currencies. While a rapid currency appreciation should have been taken a signal of economic strength, the underlying realities paints a far more complex and worrying situation.

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GENERAL

Bank of Thailand intervenes to slow currency moves: official

Published on 19/09/2025

» Thailand's central bank has intervened to slow the baht’s movement, an assistant governor said on Friday after the baht rose to its strongest levels in four years, threatening the country's struggling economy.

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GENERAL

Thailand records current account surplus of $2.2bn in July

Published on 29/08/2025

» Thailand recorded a current account surplus of $2.2 billion in July, the central bank said on Friday.

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GENERAL

Thai growth forecast receives upgrade

Business, Published on 19/08/2025

» The government's planning unit has raised the median estimate of Thailand's GDP growth forecast for this year to 2%, from an earlier estimate of 1.8%, citing greater clarity on US President Donald Trump's tariff policy.

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GENERAL

Thai asset rally set to extend on tariff relief, foreign inflows

Published on 11/08/2025

» The Thai baht’s rally this quarter looks poised to extend, fuelled by easing trade tensions and a resurgence of foreign interest in local equities.