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Key rate changed when economic outlook changes, BOT head says
SATURDAY, AUGUST 24, 2024
Sethaput Suthiwartnarueput says Monetary Policy Committee ready to adjust interest rate when economy so dictates
State of Thai economy will make rate cuts inevitable, says UOB economist
WEDNESDAY, MAY 08, 2024
Thailand is expected to cut its interest rates twice this year, starting in June ahead of the US Federal Reserve (Fed), according to a UOB economist.
Service sector, tourism redeeming features in Thailand’s slow growth in Feb
SATURDAY, MARCH 30, 2024
The Thai economy expanded at a slow pace in February but the performance of the service sector, which saw a large improvement in both the number of tourists and tourism revenue, was a silver lining.
Jetro optimistic about Thai economy in 2nd half of 2024
WEDNESDAY, JANUARY 31, 2024
The Japan Chamber of Commerce and Industry Bangkok (JCCB) conducted an economic trend survey of Japanese joint venture companies in Thailand at the end of last year to gain a comprehensive understanding of business conditions.
2024 outlook: Study unveils rising stars, contraction concerns for Thai SMEs
TUESDAY, DECEMBER 19, 2023
A recent study has pinpointed the six rising-star small- and medium-sized businesses that are poised for substantial growth next year and three that are at risk of potential contraction.
Thai economy poised for growth in 2024, fueled by tourism and export
MONDAY, DECEMBER 18, 2023
The Thai economy is projected to grow by 2.4% this year and 3.2% in 2024. However, if the impact of the digital wallet scheme is taken into account, the growth rate in 2024 is expected to be around 3.8%, a decrease from the earlier estimate of 4.4%.
Middle East conflict adds new risks to global economic outlook
MONDAY, OCTOBER 09, 2023
The conflict in the Israel and Gaza Strip may leave central bankers battling new inflationary trends and deal a blow to economic confidence at a time when they had expressed growing hope about containing the price surge sparked by the pandemic and conflicts in Ukraine.
Digital wallet scheme could take a decade to pay off, economists warn
THURSDAY, SEPTEMBER 14, 2023
The government's digital wallet scheme will most likely help Thailand's GDP reach 6% next year, but the effect will be short-lived and will saddle the country with a massive amount of public debt for nearly a decade, Siam Commercial Bank’s Economic Intelligence Centre (EIC) warned on Wednesday.
Thai businesses must learn to navigate global geopolitical tensions, experts say at seminar
MONDAY, JANUARY 23, 2023
Geopolitical tensions are challenges global businesses have to learn to deal with, experts and representatives from the public and private sectors said on Monday.
Thailand a beacon of hope for investors in emerging Asian markets: seminar
TUESDAY, JANUARY 17, 2023
Thailand remains a safe haven for investors looking to capitalise on some profitable opportunities among Asia's emerging markets this year amid global economic uncertainty, a group of Abrdn experts said.
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