Thailand needs to improve its durian production to remain the top exporter amid tougher competition over the next five years, according to a Bank of Thailand report. Thailand is the top durian exporter to China, with significant growth over the past five years. In 2022, Thailand’s total value of durian exports was 124 billion baht, […]
Read MoreThailand must bolster its revenue collection in the long term to meet growing public spending needs stemming from an ageing population, according to the World Bank. Government expenditure on pensions, healthcare, education and climate adaptation will need to increase and this must be achieved without constraining economic growth and keeping public debt under control, the bank […]
Read MoreANN/THE STRAITS TIMES – A new low for the Thai baht looms and not even a rate hike by the central bank is likely to halt its slide. The Asian currency weakened for its third straight week against the United States (US) dollar, closing at 34.77 on Friday and heading towards February’s year-to-date low of […]
Read MoreThailand’s economy expanded 2.7% in the first quarter from a year earlier, official data showed on Monday, faster than expectations, as private consumption and tourism rebounded. On a quarterly basis, Southeast Asia’s second-largest economy grew a seasonally adjusted 1.9% in the March quarter, data from the National Economic and Social Development Council showed. Economists in a […]
Read MoreBANK of Thailand (BOT) governor Sethaput Suthiwartnarueput signalled that the central bank will stick to its gradual and measured monetary tightening to curb inflation, although price gains have returned to target. “I think we’re not done on the inflation front yet,” Sethaput said in an interview with Bloomberg Television’s Haslinda Amin in Bangkok on Monday […]
Read MoreBANGKOK – Thailand’s economy expanded more than estimated in the first quarter as the nation benefited from resurgent tourism, although the outlook hinges on its ability to demonstrate political stability. Gross domestic product grew 2.7 per cent year on year in the three months to March, the National Economic and Social Development Council (NESDC) said […]
Read More
Thailand
