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Thailand set to lead ASEAN in ’19

As Thailand climbs back onto the world stage, its foreign policy is likely to take on a more prominent role this year, when the kingdom celebrates 200 years of ties with the United States and Bangkok prepares to take over the chair of ASEAN in 2019. EU ministers agreed near the end of 2017 to resume […]

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EEC tapped to drive 4% GDP expansion

The Finance Ministry is hoping that the beginning of the Eastern Economic Corridor (EEC) project will help drive the country’s economic growth above 4% in 2018, says Finance Minister Apisak Tantivorawong. The ministry’s informal forecast for economic growth is 4.1% in 2018, which it feels is conservative because it does not take into account the […]

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Thailand: December headline CPI rises below forecast

The country’s headline consumer prices rose again in December, but were below forecasts. The headline consumer price index rose 0.78% in December from a year earlier, after November’s 0.99% rise, the Commerce Ministry said on Wednesday. A Reuters poll projected an increase of 0.99% in December. The Bank of Thailand expects headline inflation to be […]

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Thailand: 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 bullish view is based on expectations for further strong growth in exports and services – especially tourism – in 2018, bank’s president and chief executive officer Chatchai Payuhanaveechai said yesterday. He […]

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