World Bank Projects Thai Economy to Shrink 5% This Year
The World Bank projected Thai economy to shrink by at least five per cent this year and an estimated 8.3 million workers could lose their jobs or income.
The World Bank projected Thai economy to shrink by at least five per cent this year and an estimated 8.3 million workers could lose their jobs or income.
World Bank predicts Thailand’s economy to contract 3-5 percent this year due to the impacts of the coronavirus pandemic.
World Bank slashes Thailand’s economic growth forecast this year to 2.7% due to weaker demand for exports and the disruptions of global value chains.
ผลสำรวจการจัดอันดับความยากง่ายในการประกอบธุรกิจ หรือ Doing Business 2020 ของธนาคารโลก ประเทศไทยมีอันดับภาพรวมดีขึ้น 6 อันดับ
Thailand is ranked 21st among 190 economies in the World Bank’s ease of doing business ranking in 2020, jumping six places from 27th position in 2019.
The World Bank has cut Thai economic projection this year to 2.7%, weighed by export contraction.
The World Bank lowers its forecast on Thai economic and export growth on many factors including political concerns.
The Customs Department launched its E-Coastal Trading System to serve owners of coastal trading vessels and port operators.
The World Bank is to revise Thailand’s economic growth forecast down as a result of the escalating US-China trade war.
The World Bank has trimmed its projection for Thailand’s economic growth this year to 3.8 percent.
The World Bank expects the Thai economic growth at 3.8% this year due to international trade war and slowdowns in tourism and exports.
Prime Minister Prayut Chan-o-cha positively acknowledged the World Bank’s findings on the strong Thai economy