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Search Result for “deficit”

Showing 1 - 10 of 25

BUSINESS

Fitch says durable coalition crucial to fiscal outlook

Business, Somruedi Banchongduang, Published on 12/02/2026

» A durable coalition will be critical to Thailand's post-election fiscal outlook and would help reduce the risk of a sovereign rating downgrade, says Fitch Ratings.

BUSINESS

Reform effort urged for incoming administration

Business, Somruedi Banchongduang, Published on 16/01/2026

» The new government is being advised to step up efforts to pursue economic reforms, with a primary focus on the tourism, agriculture and industrial sectors, or risk economic growth of only 1–2% a year, economists say.

BUSINESS

World Bank downgrades Thai growth

Business, Somruedi Banchongduang, Published on 04/07/2025

» The World Bank has reduced Thailand's economic growth forecast to 1.8% for this year and 1.7% for 2026, citing mounting global and domestic challenges.

BUSINESS

SCB prepared to withstand tariff impact

Business, Somruedi Banchongduang, Published on 06/06/2025

» Siam Commercial Bank (SCB) believes it is properly positioned to withstand tariff-related uncertainties following a stress test mandated by the Bank of Thailand.

BUSINESS

Tariff hikes to have far-reaching hit: Bank of Thailand

News, Somruedi Banchongduang, Published on 10/05/2025

» The United States' tariff hikes are expected to have a prolonged and uncertain impact on Thailand's economy, particularly in key export-oriented sectors, according to the Bank of Thailand (BoT).

BUSINESS

Rate cuts to take priority next year

Business, Somruedi Banchongduang, Published on 18/12/2024

» Monetary policy should take a central role in driving economic growth next year, while fiscal policy diminishes as a tool to address the fiscal deficit, says Supavud Saichuea, chairman of the National Economic and Social Development Council.

BUSINESS

Central bank backs effort to tackle cheap Chinese imports

Somruedi Banchongduang, Published on 22/08/2024

» The Bank of Thailand is backing government initiatives to address the issue of cheap Chinese products flooding the Thai market.

BUSINESS

Baht appreciation pressured by significant challenges

Business, Somruedi Banchongduang, Published on 13/07/2024

» The Thai economy's lower potential growth, a weaker current account surplus and increased capital outflows are pressuring baht appreciation over the longer term, say economists.

BUSINESS

World Bank urges govt to invest in infrastructure, green economy

Somruedi Banchongduang, Published on 04/07/2024

» The World Bank has advised the Thai government to boost investment in reviving ageing infrastructure and strengthening the green economy, to help drive the country's economic potential beyond 2.7% growth in the medium term.

BUSINESS

World Bank cuts Thai growth to 3.4%

Business, Somruedi Banchongduang, Published on 03/10/2023

» The World Bank trimmed Thailand's economic growth forecast for this year and 2024 based on anticipation the country's exports would contract due to easing global demand. Tourism and private consumption are the key fuel driving economic growth.