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Search Result for “nesdc”

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THAILAND

Koh Samui terminal plan sparks interest

Supapong Chaolan, Published on 22/05/2024

» Foreign and domestic investors have expressed interest in Koh Samui's new cruise terminal project, according to Deputy Transport Minister Manaporn Charoensri.

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GENERAL

Srettha calls urgent meeting on the economy

Online Reporters, Published on 21/05/2024

» Prime Minister Srettha Thavisin has called an urgent meeting with ministers in charge of the economy on Monday following the slow rate of GDP growth reported in the first quarter.

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GENERAL

Analysts expecting rate cuts to be delayed

Business, Somruedi Banchongduang, Published on 21/05/2024

» Following better-than-expected GDP growth in the first quarter, research houses are predicting that the Bank of Thailand will delay any policy rate cut until the end of this year or next year.

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GENERAL

Thailand has escaped recession: economic body

Published on 20/05/2024

» The economy has avoided a technical recession, with the National Economic and Social Development Council (NESDC) reporting on Monday that the country’s economy in the first quarter still grew by 1.5% compared with the corresponding period last year.

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GENERAL

Q1 GDP grows 1.5% y/y, above forecast

Published on 20/05/2024

» Thailand's economy expanded 1.5% in the first quarter from a year earlier, official data showed on Monday, beating analysts' expectations.

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OPINION

Stark reality behind economic figures

Oped, Chartchai Parasuk, Published on 16/05/2024

» At the time of writing this, the official Q1 GDP has not been announced by the National Economic and Social Development Council (NESDC). I expect the growth figure will be around 1.2%. My own estimation, using the Output Approach and actual sectoral production index, gives a growth figure of 0.98%. Detailed data are in the below table.

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GENERAL

JSCCIB puts forward 18 new projects

Business, Phusadee Arunmas, Published on 14/05/2024

» The Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) has proposed 18 development projects in four provinces in the country's lower central region.

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OPINION

Why the economy is heading for a crisis

Oped, Chartchai Parasuk, Published on 02/05/2024

» I wish I were this good when it comes to picking winning lottery ticket. Just a few days ago, the Ministry of Finance (MOF) lowered its 2024 GDP growth projection from 2.8% to 2.4%, citing blah, blah, blah.

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INVESTMENT

Asian shares slump as Mideast risk rises

Published on 20/04/2024

» RECAP: Asian stocks plunged yesterday as broad risk aversion swept through markets on escalating tensions between Iran and Israel and worries about higher-for-longer US rates.

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GENERAL

Thailand begins OECD membership process

Business, Wichit Chantanusornsiri, Published on 18/04/2024

» Thailand has developed a roadmap to become a member of the Organisation for Economic Co-operation and Development (OECD), a group of developed countries, aiming to elevate the country’s standards and broaden trade and investment opportunities.