Oil Price Surge Expected to Weigh on Thailand’s GDP Growth
Thailand’s economic growth could come under increasing pressure as rising global oil prices, driven by escalating tensions in the Middle East, weigh on the outlook, according to caretaker Finance Minister…
Bank of Thailand forecasts that stimulus measures will boost GDP growth in the fourth quarter
The Bank of Thailand anticipates that the “Khon La Khrueng Plus” co-payment scheme will significantly contribute to GDP growth in the final quarter of this year. The central bank forecasts…
Ministry Projects GDP Growth to Surpass 2.2%
Thailand’s economy is projected to grow this year beyond the earlier estimate of 2.2%, buoyed by the positive effects of the US reciprocal tariff, which has given the country a…
The country’s GDP growth in the first quarter of 2023 was higher than anticipated
Despite a decline in exports of goods and manufacturing output, the economy improved on a quarterly and annual basis, according to the assistant governor of the BoT, Chayawadee Chai-Anant. The…