THE Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) today (April 1) cut its 2026 GDP forecast for Thailand to 1.2-1.6 percent, down from previous projection of 1.6-2.0 percent, citing soaring global energy prices brought on by the Middle East war, PPTVHD26 said. Mr. Kriengkrai Thianukul, chairman of this key committee, said the
Tag: forecast
2026 GDP could drop to 1.2% of war drags on: KResearch
IN SLASHING its 2026 GDP forecast from 1.9 to just 1.2 percent should the Middle East war drag on and escalate Kasikorn Research Centre (KResearch) warned that Thailand also risks being hit by stagflation and a “Triple Deficit”, PPTVHD36 said yesterday (March 21). Mr. Burin Adulwattana, managing director and chief economist of KResearch, said
Read moreThailand tipped to produce 32 million tonnes of rice
By Thai Newsroom Reporters THAILAND IS FORECAST to produce some 32 million tonnes of rice in 2023/2024 season, according to the Office of Agricultural Economics. The estimated 32 million tonnes of rice include 25.5 million tonnes of single-harvest crops in varied parts of the country and 6.7 million tonnes of multiple-harvest crops, which are
Read moreThai growth forecasts may need to be revised down – central bank chief
By Reuters and published by CNA THAILAND’S economy continues to recover, helped by tourism and consumption, though the growth forecast may need to be revised down with exports weak this year, the central bank chief said today (Aug. 9). Inflation was falling faster than expected and interest rate decisions would focus on the economic
Read moreCentral bank raises key rate, trims growth outlook on global slowdown
By Reuters and published by CNA THAILAND’S central bank raised its key interest rate by 25 basis points for a third straight meeting on Wednesday, as it tries to contain above-target inflation while supporting an economic recovery facing increasing global headwinds. The Bank of Thailand’s (BOT) monetary policy committee voted unanimously to raise the one-day
Read moreCCSA: Two studies show maximum 20,000-30,000 Covid cases a day
THE Centre for Covid-19 Situation Administration (CCSA) said today (July 19) two studies predicting the potential spread of coronavirus forecast a rise to 20,000 and 30,000 patients a day respectively before declining, Sanook.com said. CCSA’s spokesman Dr. Taweesin Visanuyothin said data collected and analysed by Assoc. Prof. Dr. Nuanchan Singkran, of the Faculty of
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