EEC spending forecast to reach B600bn The government expects investment in the Eastern Economic Corridor (EEC) to increase from 500 to 600 billion baht over the next five years, fuelled by stimulus measures and infrastructure […]
Even Record Tourism Hasn’t Boosted Thai Airlines Record tourist arrivals to Thailand that buoyed shares of hotels and the nation’s airports operator haven’t boosted the country’s four listed carriers. Investors eyeing the laggard airline stocks, […]
Somkid bullish on continual economic growth for 2018 Thailand’s economic growth for 2017 is now believed to be over 4%, reflecting significant improvement that the government has made in its effort to drive economy. — […]
Additional B150bn to swell deficit The government plans to compile a supplementary budget of 150 billion baht for this fiscal year, a move requiring it to borrow an additional 100 billion baht and bring the […]
Thai baht to remain strong in first quarter The Thai baht is likely to remain strong for the duration of the first quarter as investors have grown confident of the country’s economic performance as well […]
SCB Economic Intelligence Center forecasts 4% GDP growth this year The Siam Commercial Bank Economic Intelligence Center (EIC) has forecast that continued economic growth in Thailand and global economic recovery will lead to 4% growth […]
Thai business owners and visitors in Cambodia were left scrambling at the end of last week and over the weekend when access to Thailand’s fourth largest bank, Kasikornbank (KBank), was blocked for users of two […]
New minimum wage will affect SMEs As the government is going to increase minimum wage, at least 15 baht higher, as New Year’s gifts for workers and to become effective end of this month, concern […]
Road deaths at 423 after final day of NY holiday The holiday season road death toll rose to 423 on Wednesday, the final day of the “seven dangerous days” of New Year travel, with Nakhon […]
This may be as good as it gets for Thailand Thailand’s military government can look to 2017 for the economy’s best performance in five years but the strength of the recovery is expected to wane. […]
4.6% GROWTH FORECAST The economy will grow 4.6 per cent this year, against 4 per cent in 2017, Government Savings Bank’s research centre forecasts. — The Nation Thailand’s Eastern Economic Corridor: Why Thailand? (video) Almost […]
Work is under way with the UNHCR to help stranded Zimbabwean family The Thai Foreign Ministry has coordinated with the United Nations High Commissioner for Refugees’ regional office in Thailand to find a solution to […]