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expects flooding to cut GDP by 0.6-0.9%
ShareThe Ministry of Finance has forecast a 0.6-0.9 percent reduction in the gross domestic product (GDP) on account of the flooding catastrophe while asking the Bank of Thailand (BoT) to…
KResearch adjusts GDP estimation up to 4-6%
ShareBANGKOK, 29 June 2010 (NNT) – The Kasikorn Research Center (KResearch) has raised the GDP estimation to 4-6% in line with the continuous economic growth. Dr Charl Kengchon, Managing Director…
PM vows to move on with Strong Thailand Scheme and pushes GDP up to 6%
Share BANGKOK, 10 June 2010 (NNT) – Prime Minister Abhisit Vejjajiva vows to drive the country’s economy on by moving forward the Strong Thailand Scheme with the effort to push…
2010 public debt not to exceed 48% of GDP
ShareBANGKOK, 6 May 2010 (NNT) – The national public debt is expected at no more than 48% of the 2010 GDP, owing to the government’s declining loans and complete debt…
Public debt stands at 43.85% of GDP
Share BANGKOK, 4 March 2010 (NNT) – The country’s public debt as of the end of December 2009 stood at 3.96 trillion THB or 43.85% of the GDP, according to…
GDP to shrink 3% this year: Finance Ministry
ShareBANGKOK, Oct 28 (TNA) – Thailand’s Gross Domestic Product (GDP) is set to shrink 3.5-4 per cent in the third quarter of this year, but turn to grow 3-4 per…
Rising Thai economy linked with global recovery, says SET chief
ShareBANGKOK, Aug 11 (TNA) – The Thai economy has shown signs of improvement in tandem with the recovery of the global and United States economies with the gross domestic product…
BoT confident of Thai banks strength, despite possible Moody’s downgrade
ShareBANGKOK, May 27 (TNA) – Thailand’s commercial banks still enjoy stable financial positions despite a likely move by Moody’s Investors Service to place the debt and deposit ratings of 11…
Satit Wonghnongtaey “Govt to revive economy further”
ShareBANGKOK, 26 May 2009 (NNT) – Minister to the Prime Minister’s Office Satit Wonghnongtaey admitted the negative economic figures, saying that the Government would pursue its plans to recover the…
Thailand’s economy signalling recovery not far off, says FPO
ShareBANGKOK, May 16 (TNA) – Thailand’s economy has signaled a recovery as witnessed by improved exports of various product items, a surge in the Stock Exchange of Thailand’s index to…