Thailand Economic Growth all news related to

Decentralising power to secondary cities key to growth

July 04, 2024

According to a report released by the World Bank on Wednesday, investing in local infrastructure and decentralisation and allowing local authorities to choose and decide their own future, is a key starting point for Thailand to unlock its secondary city growth potential.

Siam Commercial Bank raises growth forecast for Thai economy to 3.9%

March 17, 2023

The Thai economy will expand 3.9% this year due to a faster-than-expected recovery in the tourism sector, rising private consumption, and a stronger-than-expected global economy, the research unit of Siam Commercial Bank said on Friday.

World Bank urges government to increase tax revenue and reduce inequality

WEDNESDAY, DECEMBER 14, 2022

The World Bank is urging the government to speed up efforts to increase tax revenue and better target spending so that it focuses on helping the most vulnerable groups to reduce inequality.

Average 4.5% salary hike expected for Thai staffers for next two years: Mercer survey

THURSDAY, NOVEMBER 03, 2022

Thai employees can anticipate an increase in their salary this year and the following year as a result of better economic growth, the latest survey by Mercer shows.

ADB Lowers Developing Asia Growth Outlook as Global Risks Mount

WEDNESDAY, SEPTEMBER 21, 2022

The Asian Development Bank (ADB) again lowered its forecasts for economic growth in developing Asia and the Pacific, amid mounting challenges that include increased monetary tightening by central banks, fallout from the Russian invasion of Ukraine, and Covid-19 lockdowns in China (PRC).

Export slowdown to cast shadow over GDP growth next year

MONDAY, DECEMBER 24, 2018

LOWER EXPORTS and the China-US trade tensions will be a drag on Thailand’s economic growth next year, reducing it to between 3.7 and 4.3 per cent, according to leading economists.