Kbank Sees 2.7% GDP Growth This Year
Kasikornbank (Kbank) expected the Thai economy to grow by only 2.7% year on year in 2019 due to export decline, trade war and strong baht.
Kasikornbank (Kbank) expected the Thai economy to grow by only 2.7% year on year in 2019 due to export decline, trade war and strong baht.
Investment would be a major factor to support the Thai economy next year, especially mega transport projects in the Eastern Economic Corridor,
The Thai economy is likely to grow by 2.7-3.0% this year, according to the Joint Standing Committee on Commerce, Industry and Banking.
Finance Minister Uttama Savanayana said the government was working out solutions to drive the economy but he doubted that its growth rate
The Bank of Thailand (BoT) will revise its economic growth projection next month as the economy slowed down at a greater extent than earlier expected.
The economic growth rate in the second quarter of this year made its slowest pace in nearly five years mainly on the China-United States trade war
The World Bank lowers its forecast on Thai economic and export growth on many factors including political concerns.
The National Economic and Social Development Board (NESDB) reported that the gross domestic product of Thailand
Thailand’s economy would improve in the second half this year due to several positive factors including a new government to be formed
Tourism was stable in the first quarter of this year on domestic and global economic slowdowns and thick fine dust but
Thailand welcomes tourists and generates tourism-related income as planned this year and expects a 10% growth of visitors’ number to 40 million next year
The Commerce Ministry and exporters are determined to realize 8% export growth next year, emphasizing marketing campaigns in Asia.