Thailand economy

The BoT announces that the Thai economy will shrink by 5.3% in 2020

Due to the coronavirus (COVID-19) epidemic, Thailand’s economy will contract significantly in 2020 and headline inflation will turn negative, the Bank of Thailand said in a press release. According to the latest data released by the Bank of Thailand, Thailand’s GDP could contract 5.3% in 2020, a sharp drop from its previous projections of 2.8% […]

Thailand economy

THACO exports 40 Kia Grand Carnival cars to Thailand – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Kia Grand Carnival cars are loaded into containers at THACO – Chu Lai Industrial Park in Quảng Nam Province for export to Thailand. – Photo courtesy of THACO HCM CITY – Trường Hải Auto Corporation, or THACO, exported 40 Kia Grand Carnival cars to Thailand. The vehicles, equipped with 2.2L diesel engines, were manufactured at […]

Thailand economy

Vietnamese products shine in Thailand – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Customers visit a Vietnamese booth during “Vietnamese Week in Thailand 2019”, which officially opened on September 18 in Bangkok, Thailand. – VNS Photo Linh Anh HÀ NỘI – Vietnamese companies proudly showcase their products at “Vietnam Week in Thailand 2019”, which officially opened on September 18 in Bangkok, Thailand. This is the fourth consecutive year […]

Thailand economy

Can Prayutnomics help the Thai economy? – The diplomat

Advertising As the controversial newly elected Thai government takes shape, one of the main areas that junta leader-turned-civilian Prime Minister Prayut Chan-o-cha will face is managing the economy, which has been of particular concern. for Southeast Asian State in recent years. These are not good times for Thailand’s economy. Lightly, a Bangkok Post An August […]

Thailand economy

Aging society and skills shortage, key issues in Thailand’s economy

June 13, 2019 Singapore, June 13, 2019 – – Thailand is likely to maintain continuity in infrastructure investment, following the country’s recent election results. But its aging society, subdued competitiveness and labor shortages remain major credit challenges. Moody’s Investors Service has just published an FAQ on the Government of Thailand (Baa1 stable), analyzing the prospects […]

Thailand economy

The Problem with Thailand’s Economy – The Diplomat

Advertising When Thai coup plotters quickly disbursed over $ 3 billion owed to farmers from the deposed government’s politically crippled rice price subsidy program, it appeared that the country’s new military rulers had the will and the means to break the bureaucratic inertia which had blocked budgetary expenditure under successive elections. administrative. A year later, […]