Showing 1 - 10 of 37
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.
B1.4bn approved for programmes to reduce cost of living
Chatrudee Theparat, Published on 18/01/2022
» The cabinet on Tuesday approved the allocation of 1.48 billion baht from the central budget to fund programmes to reduce the cost of living over a period of three months.
Cabinet okays B5bn soft loan package for jobs
Business, Chatrudee Theparat, Published on 24/11/2021
» The cabinet yesterday gave the nod to a soft loan package worth 5 billion baht to help create jobs mainly for the unemployed.
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).
Cabinet green lights B54.5bn assistance
Business, Chatrudee Theparat, Published on 20/10/2021
» The cabinet yesterday approved the distribution of a further 54.5 billion baht to help alleviate the hardship of those affected by the prolonged Covid-19 pandemic and to boost domestic consumption.
BoI incentives push for 'Industry 4.0'
Business, Chatrudee Theparat, Published on 12/10/2021
» The Board of Investment (BoI) approved incentives yesterday to encourage entrepreneurs to accelerate upgrading their production and machinery to "Industry 4.0" standards.
NESDC cuts growth forecast to 0.7-1.2%
Business, Chatrudee Theparat, Published on 17/08/2021
» The government's planning unit has downgraded its economic growth forecast for a third time to a range of 0.7-1.2% this year from 1.5-2.5% made in May, 2.5-3.5% made on Feb 15 and 3.5-4.5% growth made in November last year, as Covid-19 cases surge.
Thai economy shrinks by 2.6% in Q1
Business, Chatrudee Theparat, Published on 18/05/2021
» The Thai economy shrank by 2.6% in the first quarter of this year -- an improvement from a 4.2% contraction in the previous quarter -- after it was boosted by a continued increase in agricultural production, recovery of non-agricultural production, acceleration in domestic investments, rise in government consumption expenditure and improvement in exports of goods.
Development plan targets adding value
Business, Chatrudee Theparat, Published on 23/04/2021
» The next national economic and social development plan should focus on narrowing income disparity and reducing poverty through innovation, creating a knowledge-based economy and value-added development, says the state planning unit's chief.
Government adamant on growth target of 4% this year
Business, Chatrudee Theparat, Published on 05/03/2021
» The government has pledged to revitalise tourism, stimulate domestic spending, and spur exports and investment to help economic growth reach its 4% target this year.