BANGKOK, 4 April 2011 (NNT) – Kasikorn Research Center (KResearch) has indicated that the Thai economy in the second quarter this year might slow down although it was expanding well in February 2011 in many aspects. KResearch reported that the Thai economy in February 2011 was growing continuously year-on-year from domestic spending to exports; however, [...]
BANGKOK, 19 January 2011 (NNT) – The Thai economy would expand well in 2011 due to the continuous export growth in tandem with the stronger global economy, according to the Bank of Thailand (BoT). BoT’s Macroeconomic Policy and Analysis Office Director Songtum Pinto reported that the country’s economic expansion in the fourth quarter of 2010 [...]
BANGKOK, 9 January 2011 (NNT) – Finance Minister Korn Chatikavanij has predicted that the Thai economy will expand by 4 percent in 2011, down from last year’s growth of 8 percent, however. The rate of Inflation for the entire year would be around 3 percent, the level considered normal and unproblematic, added the Finance Minister. [...]
BANGKOK, Jan 3 – The Thai economy in 2011 will not return to crisis despite impacts from rising oil prices, inflation and higher goods prices as well as effects from the European and US economies, Prime Minister Abhisit Vejjajiva said Monday, voicing confidence in an economic reform plan to reduce inequality and boost national economic [...]
BANGKOK, Dec 31 – The Thai economy is likely to grow 3-5 per cent next year given the continued economic growth in November and the fourth quarter of this year, according to the Bank of Thailand (BoT). Mathee Supapongse, senior director of BoT’s Domestic Economy Department, said Thailand’s improved economic growth will make the economy [...]
BANGKOK, 18 June 2010 (NNT) –The Bank of Thailand (BoT) foresees Thai economy in the latter half of this year to expand continuously but the risk from global economic improvement, drought and tourism crisis are the factors to be watched closely. The BoT Deputy Governor Bandit Nijthaworn anticipated Thai economic situation for the remaining months [...]
BANGKOK, May 24 (TNA) – The Thai economy in the first quarter expanded by 12 per cent , the highest growth rate in 15 years, Amphon Kittiamphon, secretary-general of the Office of the National Economic and Social Development Board (NESDB) said on Monday. The Thai economic rebound is due to a continuous growth in exports [...]
BANGKOK, 4 May 2010 (NNT) – The export sector is expected to help drive the Thai economy forward despite negative effects to the business sector from the persisting political upheaval, according to the Thailand Development Research Institute (TDRI). TDRI Research Director, Dr Somchai Jitsuchon, believed that the Thai economy would not contract much thanks to [...]
BANGKOK, Jan 19 (TNA) – The Thai economy this year is projected to pick up this year although there remain certain economic risk factors, according to Ministry of Finance spokesman Ekniti Nitithanprapas. Speaking at a seminar on “A Creative Economy for a Strong Thailand,” he said the economy this year would outpace that of last [...]
BANGKOK, Jan 14 (TNA) – The Thai economy is expected to grow at an accelerating rate this year if the prolonged political conflicts ease, according to a top banker. Bantoon Lamsam, Kasikornbank’s chief executive officer, said the political development is considered a key factor to Thailand’s economic growth in 2010. “Should the ongoing political disturbance [...]
