By Reuters and published by Yahoo!News THAILAND’S economy grew faster than expected in the first quarter of 2026, helped by higher exports, consumption and investment, official data showed on Monday (May 18), but the government has kept its outlook for the year unchanged as the war in the Middle East drags on. Southeast Asia’s
Tag: economy
Govt urged to ensure help reaches micro-enterprises
THE Thai SME Federation asked the government to consider implementing five measures to ensure assistance reaches 2.75 million micro-enterprises at a key meeting on Friday (May 15) when Prime Minister Anutin Charnvirakul and some ministers discussed economic issues with tycoons and CEOs of large companies, PPTVHD36 said today (May 17). Mr. Noppong Teeravorn, the
Read moreThai political index plunged in April amid economic woes: Suan Dusit poll
A NATIONWIDE political survey by Suan Dusit University showed that respondents rated the overall Thai political index for April at an average 3.79 points, down from 3.89 in March, Naewna newspaper said today (May 3). Under this opinion poll, conducted both online and in the field during April 27-30 among a sample of 2,214
Read morePM calls 3 private sector bodies to economic cabinet meeting
PRIME Minister Anutin Charnvirakul today (April 21) said representatives from three key private sector institutions will be invited to join the economic cabinet meeting held on Mondays with the one they will first participate in scheduled for next Monday (April 27) with various issues to be discussed including economic stimulus measures and policies to
Read moreEnergy prices may not drop for another one to two years: Ekniti
AT the marathon parliamentary debate following the delivery of the Bhumjaithai-led government’s policy statement by Prime Minister Anutin Charnvirakul this morning (April 9), Deputy Prime Minister/Finance Minister Ekniti Nitithanprapas this evening thanked MPs for their suggestions on various economic issues while warning that energy prices may not return to pre-conflict low level for another
Read moreAnutin II government to use 5 pillars to drive the economy
AFTER a royal oath-taking ceremony before Their Majesties the King and Queen last evening (April 6) Prime Minister/Interior Minister Anutin Charnvirakul convened a special cabinet meeting during which the policy statement to be delivered to Parliament was approved with this focusing on using five main pillars to drive the economy, Amarin TV said. Ms.
Read morePM tells Finance Minister GDP growth must exceed 2.5% in 2026
CARTAKER Prime Minister Anutin Charnvirakul today (Feb. 19) summoned Deputy Prime Ministe-cum-Finance Minister Ekniti Nitithanpraphat, Minister of Digital Economy and Society Chaichanok Chidchob, and Justice Minister Pol. Gen. Ruttaphon Naowarat to a meeting where he emphasised that Thailand’s GDP growth must exceed 2.5% this year, Amarin TV said this evening. This followed the Office
Read moreDebt stress leads to lingerie vendor committing suicide at market stall
A LINGERIE vendor stressed out over financial problems which she blamed on the slow economy hanged herself at her stall in a Trang City market today (Jan. 27), Naewna newspaper and Amarin TV said. At around 12.30 p.m. Pol. Lt. Col. Taweesak Rodrak, the investigating officer at Trang City police station, was alerted of
Read moreThai economy’s competitiveness is declining, central bank warns
By Reuters and published by CNA THAILAND’S central bank said on Wednesday (Jan. 7) the economy is facing challenges, including a sustained decline in competitiveness, with exports expected to be negatively affected by US tariffs and the persistently overvalued baht. Southeast Asia’s second-largest economy has been struggling with an appreciating currency, US tariffs, high
Read moreThai inflation posts eighth straight negative reading in November
By Reuters and published by CNA THAILAND’S annual headline inflation rate was negative for an eighth month in November, data showed on Wednesday (Dec. 3), and the Commerce Ministry said it was due to falling energy prices and government measures to alleviate the cost of living. The headline consumer price index fell 0.49
Read moreSevere floods have cost southern economy 25 billion baht so far: Research
KASIKORN Research Centre estimates that the critical flooding in the South has so far cost the regional economy 25 billion baht with 800,000 households affected and 400,000 rai of farmland damaged, PPTVHD36 said today (Nov. 26). The widespread inundation, in Songkhla as well as several other southern provinces including Nakhon Si Thammarat, Phatthalung, Surat
Read moreThai economy improves in September but slows in third quarter
By Reuters – published by CNA and Thai Newsroom THAILAND’S economy improved in September from the previous month due to a rebound in manufacturing, rising exports and increasing foreign tourism receipts, but it was weaker over the entire July to September quarter, the central bank said today (Oct. 31). Domestic demand also slowed over
Read moreFlare-up in US-China trade tensions poses a big risk to Thailand’s growth, deputy central bank governor says
By Karin Strohecker, Reuters, and published by Yahoo!News Washington- The fresh flare-up in trade tensions between the United States and China is a big risk to the outlook for Thailand’s economic growth, the country’s deputy central bank governor said, adding there was little room left to lower rates further. US President Donald Trump on
Read moreThailand to spend 10bn baht to buy bad household debt, stocks edge up nearly 1%
By Reuters and published by CNA THE Bhumjaithai-led coalition government will spend 10 billion baht ($307 million) to buy bad debt this month, the Finance Minister said today (Oct. 9), as part of its plans to revive its sluggish economy. Thailand’s stubbornly high levels of household debt have shackled the economy for several years,
Read moreEconomic policy consistency ‘will reduce risk of recession’
ALTHOUGH Thai gross domestic product (GDP) may dip in the third quarter of this year compared to the previous quarter the new government’s economic policy continuity will help mitigate the risk of recession with growth expected to recover slightly in the final quarter, according to a projection by Krungsri Research which PPTVHD 36 published
Read moreThai consumer confidence at lowest in over two years in August
By Reuters and published by CNA THAI consumer confidence dropped for a seventh consecutive month in August to its lowest level in 32 months due to concerns about a slow economic recovery, political instability, and US tariffs, a survey showed today (Sep. 11). But sentiment could improve under Thailand’s new government, said Thanavath Phonvichai,
Read moreThailand’s Q2 growth beats forecast but faces slowdown in H2 on tariffs
By Reuters and published by CNA THAILAND’S economy expanded faster than expected in the second quarter on strong export growth ahead of US tariffs taking full effect, but momentum is likely to slow over the rest of the year, the state planning agency said on Monday (Aug. 18). Southeast Asia’s second-largest economy grew 2.8
Read moreThai central bank cuts key rate by 25 bps, as expected
By Reuters and published by CNA THAILAND’S central bank lowered its key interest rate by a quarter point on Wednesday (Aug. 13), its fourth cut in 10 months as it looks to support a sluggish economy grappling with negative inflation and the impact of US tariffs. The Bank of Thailand’s monetary policy committee unanimously
Read moreThai economy slows in May on weaker tourism, production, central bank says
By Reuters and published by CNA THAILAND’S economy in May softened from the previous month following a slowdown in the tourism sector and a decline in manufacturing production, which offset the surge in exports, the central bank said on Monday (June 30). The tourism sector in May saw a decline in both revenue and
Read moreThai May exports jump 18.4% y/y, well above forecast
By Reuters and published by CNA THAILAND’S customs-cleared exports jumped 18.4 percent in May from a year earlier, the commerce ministry said on Wednesday (June 18), beating analysts’ expectations. The reading compared with a forecast 6.7 percent year-on-year increase for May in a Reuters poll, and followed April’s 10.2 percent rise. In the first
Read more