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IMF cuts Thai GDP growth forecast to 2.7% for 2023
Global economic uncertainties, including China's slowdown and conflicts between Israel and Palestine, have led to a downward revision in Thailand's...
Thai baht rebounds amid weakened dollar and concerns about the Israeli-Hamas conflict
The Thai baht opened slightly stronger today (October 11) at 36.55 Baht per US dollar after the US dollar weakened amidst concerns...
Thailand’s digital cash Handouts plan spark concern
Critics argue that the money would be better spent as direct public expenditure and investment, and that the government should...
Thai consumer confidence rose for a second straight month
According to the University of the Thai Chamber of Commerce, the consumer index rose to 58.7 in September, up from...
Bank of Thailand raises key interest rate to highest level in nine years
The Bank of Thailand raised its key interest rate to 2.25%, citing concerns about upside risks to prices and the...
Durian diplomacy
Thailand's Move Forward Party's proposal to form a "security alliance" with the US has raised concerns about the future of...
Why are Foreigners selling Thai stocks?
The main reasons for the foreign exodus are rising global interest rates, political uncertainty, weak corporate earnings, and a depreciating...
Thai Consumer confidence rose for the 12th consecutive month in May
Spending during the May election helped consumption and confidence was also boosted by better-than-expected economic growth in the first quarter,...
Is Thailand ready for a Covid sequel?
Three Omicron subvariants are behind the current waves of COVID-19 in China and Southeast Asia, which may cause severe symptoms...
Thai central bank to promote yuan-baht trade settlement
The BOT has been cooperating with other Asian central banks to establish local currency settlement frameworks, which aim to encourage...
