Showing 1 - 10 of 10
World Bank cuts Thai growth forecast
Business, Somruedi Banchongduang, Published on 02/04/2024
» The World Bank has slashed its forecast for Thailand's GDP growth in 2024 to 2.8%, citing a global trade slowdown and delays in the country's fiscal budget disbursement.
World Bank to downgrade Thai growth estimate
Business, Nareerat Wiriyapong, Published on 07/03/2024
» The World Bank is lowering its economic growth forecast for Thailand this year to reflect the delay in fiscal budget disbursement and external risks, noting that Thai interest rates are appropriate, though the government should come up with targeted economic measures.
Thailand's smaller cities can help drive growth
Business, Published on 12/10/2023
» Cities in Thailand outside Bangkok can accelerate the country's growth but will need to find ways to access private capital to improve urban infrastructure, according to a World Bank study.
World Bank puts Thai growth at 3.9%
Business, Published on 30/06/2023
» Thailand's economy is projected to expand 3.9% in 2023 from 2.6% last year because of stronger demand from China, Europe and the US, private consumption growth and a recovery in tourism, says the World Bank in its semi-annual Thailand Economic Monitor.
Focus on growing state revenue
Business, Published on 13/06/2023
» After a significant fiscal response to Covid-19, Thailand now needs to address growing spending needs while keeping public debt under control, according to a new World Bank report.
World Bank eyes slower Thai growth
Business, Wichit Chantanusornsiri and Sirivish Toomgum, Published on 15/12/2022
» The Thai economy is projected to recover faster than expected this year, but will face slower growth in 2023 because of global headwinds, according to the World Bank.
Multiple issues slow poverty reduction
Business, Published on 22/10/2022
» Thailand has made remarkable progress in reducing poverty from 58% in 1990 to 6.8% in 2020, driven by high growth rates and structural transformation.
World Bank urges more direct aid
Business, Sirivish Toomgum, Published on 20/07/2022
» Fabrizio Zarcone, the newly appointed World Bank country manager for Thailand, recommends three fiscal measures to help protect Thai households from shocks, build social cohesion and resilience while creating space for public investment.
U.S. Firms Get Another Boost From China
Business, Trefor Moss, Sharon Terlep & Jennifer Maloney, Published on 09/11/2020
» China is bolstering American firms grappling with a surge in Covid-19 cases that is tempering demand in the U.S. and Europe.
Alibaba, JD.com seek luxury stranglehold
Business, Reuters, Published on 06/11/2018
» PARIS: China's online giants Alibaba Group Holding Limited and JD.com are taking their battle for relevance in the lucrative luxury goods market to a new level, as they aim to crack e-commerce tie-ups with top brands that usually shun selling through third parties.