Showing 1 - 10 of 170
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.
Panel okays B1.92bn rice insurance plan
Business, Chatrudee Theparat, Published on 28/04/2022
» The National Rice Policy Committee on Wednesday approved providing 1.92 billion baht to support the rice insurance scheme for the main crop of the 2022 season.
Employment situation seen improving in first quarter
Business, Chatrudee Theparat, Published on 26/04/2022
» The unemployment situation in the first quarter is likely to improve boosted by healthy export growth and a gradual recovery of the tourism sector, according to the Employers' Confederation of Thai Trade and Industry.
Call for focus on key drivers as conflict takes a toll
Business, Chatrudee Theparat, Published on 19/04/2022
» The government is being urged to concentrate on infrastructure development, private investment and tourism to boost growth, now that exports and household consumption are unlikely to be key economic contributors due to 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.
EEC Office says aid schemes need rejig
Business, Chatrudee Theparat, Published on 22/03/2022
» The government may need to rejig its financial assistance policies involving low-income earners, farmers, employees, self-employed workers, micro-businesses, and small and medium-sized enterprises, as many of them still fail to obtain the government's financial packages and other assistance, says the chief of the Eastern Economic Corridor Office (EEC 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.
Calls to speed up link to Laos-China line
Business, Chatrudee Theparat, Published on 01/12/2021
» The government is being advised to speed up the development of a rail network linking Thailand's rail system with the Laos-China Railway, which connects Kunming in China's Yunnan province with Vientiane -- the capital of Laos.
Economy to eke out 1.2% growth
Business, Chatrudee Theparat, Published on 16/11/2021
» The Thai economy is expected to grow by 1.2% this year, recovering from a 6.1% contraction in 2020, with next year's expansion predicted to be between 3.5-4.5%, according to the National Economic and Social Development Council (NESDC).