CIMBT Expects Thai Economy to Contract by 8.9 % in 2020
The Thai economy is projected to contract by 8.9 percent this year despite the easing of COVID-19 measures, says an economist.
The Thai economy is projected to contract by 8.9 percent this year despite the easing of COVID-19 measures, says an economist.
Thailand’s economy contracted 1.8 percent in the first quarter and projected to shrink 5-6 percent this year, says the National Economic and Social Development Board (NESDB).
The National Economic and Social Development Council (NESDC) convened private advisers to the government’s Center for COVID-19 Situation
Two commercial banks predicts the Thai economy will contract by 5-6.8% because the coronavirus disease 2019 (COVID-19) has severer impacts than expected.
Deputy Commerce Minister Weerasak Wangsuphakijkosol urged relevant parties to stimulate the economy of Nakhon Ratchasima province
The national economy was likely to grow by 2.7% next year mainly on government investment, according to the chairman of the Thai Bankers’ Association.
The Thai economic slowdown was not severe but must not be slower, Deputy Prime Minister Somkid Jatusripitak said in a meeting
Investment would be a major factor to support the Thai economy next year, especially mega transport projects in the Eastern Economic Corridor,
BANGKOK, Oct 11 (TNA) — Deputy Prime Minister Somkid Jatusripitak urged PTT Group to speed up its investment to help stimulate the economy and the conglomerate promised to do so with its 130-billion-baht projects in the next two years. Mr Somkid and Energy Minister Sontirat Sontijirawong met executives of PTT Group to call for its […]
Finance Minister Uttama Savanayana said the government was working out solutions to drive the economy but he doubted that its growth rate
A leading economist says the government’s new stimulus package will boost the economy to grow 3-3.5 percent this year.
Economic ministers resolved that the government should spend about 300 billion baht on the poor, farmers and middle-income earners