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Thailand NESDC: 100bln THB government loan to revive economy
According to Danucha Pichayanan, Secretary-General of Thailand NESDC and secretary of loan expenditure management committee, the government has loaned 1 trillion THB to mitigate the impact of COVID-19, of which 400 billion THB is used for economy revitalization.
August09,2021
Thailand approves stimulus package to ease virus impact
Thailand's cabinet approved the phase 2 measures aimed at cushioning the impact of Covid-19 on workers outside the social security system, including formal employees, temporary workers and freelancers.
March26,2020
EXIM Thailand: Thai exports falls less than expected in February
Thailand's Ministry of Commerce recently revealed that exports fell by 4.5 percent in February 2020, which was better than the forecasts of many agencies.
March26,2020
TRA expects more stimulus measures in retail industry
Worawut Unjai, president of the Thai Retailers Association (TRA), predicted that Thailand's retail industry will maintain a lackluster growth rate of 2.8 percent in 2019, down from 3.2 percent last year.
December26,2019
BOT: Thai economy slowdown in September and 11 consecutive months of export drop
Bank of Thailand (BOT) revealed the situations of Thai economy and finance in September 2019: namely sustained economic slowdown.
November04,2019
MOC: 5,973 companies established in Aug., down 7 pct
Ms. Sorada Lertharpachit, deputy director general of the Department of Business Development of the MOC, released the data of business registration in August 2019: 5,973 companies got registered nationwide, dropping by 8 percent compared with July 2019, and 7 percent compared with August 2018.
September25,2019
Thailand sees palm price surging
Energy Minister Sonthirat Sonthisajirawong attributed the surging price of palm at home to the measures to encourage the consumption of B10 and B20 diesel in vehicles.
August28,2019
Commerce Minister vows to enhance price of farm products and continue to pursue price guarantee policy for export
At the "Economic strategy of new Thai government" meeting hosted by the Economic Reporters Association, deputy prime minister and commerce minister of Thailand noted that Thai economy is facing a series of problems, such as US-China trade war, baht appreciation, and a fierce competition environment.
August28,2019
OIE: MPI 100.07 in July amid global trade slowdown, dropping 3.23 percent
According to data released by the Office of Industrial Economics (OIE), the MPI in July 2019 was 100.7, shrinking 3.23 percent year-on-year.
August28,2019
Thai Prime Minister emphasizes the pump-priming policy is to stimulate domestic consumption
The 316 billion baht pump-priming policy approved by the Cabinet is not to solve economic problems through pouring money, but to solve farmers' problems, stimulate domestic spending and consumption, and spur tourism.
August21,2019
Thailand's FPO forecasts a 3 percent economic growth in 2019
The Thai economic growth is expected to slow down to 3 percent in 2019 from 4.1 percent in 2018, and the export growth will contract by 0.9 percent, according to the forecasts of the Fiscal Policy Office (FPO) of Thailand's Ministry of Finance.
August21,2019
State-owned bank forecasts Thai economy to grow by 3.6 pct in 2019, 3.5 pct next year
The research center of the GSB foretasted Thai economy to grow by 3.6 percent in 2019. The figure was lower than that in the previous year. This slowdown was mainly due to the hit of the trade war, which led to Thai baht appreciation that further weighed on the exports of goods and services.
July26,2019
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