Promising Growth for 2021 – A look into the Chinese Economy and Thailand’s Resilient Exports to China The year 2020 has been a turbulent year for the entire world and Thailand has not been spared the wrath of the economic malaise that the pandemic has brought. Amid all the negative news there seems to be…
Thailand’s economy shrank by 6.1 pct in 2020 BANGKOK, Feb 15 – Thailand’s economy shrank by 6.1 per cent in 2020, its biggest fall since the 1998 Asian financial crisis. In a statement, the Office of the National Economic and Social Development Council (NESDC) said the country’s economy declined by 4.2 per cent year-on-year in the fourth…
GDP Growth in Q4 2020 declined by 4.2 per cent; -6.1 per cent for the year Thailand’s economy in the fourth quarter of 2020 contracted 4.2 per cent, contributing to an abysmal 2020 with the economy shrinking 6.1 per cent for the entire year, the National Economic and Social Development Council (NESDC) said on Monday.…
Key economic data to determine direction of SET Index next week Five issues would affect the Stock Exchange of Thailand (SET) Index next week, an expert said on Sunday. An analyst at Kasikorn Asset Management expected the SET to have support at 1,485 and 1,500 points, but resistance at 1,520 and 1,530 points. He said…
Domestic air passenger numbers double those of January Passenger numbers on domestic flights within Thailand have doubled within a month, rising from 4,000 in January to over 10,000 this month. Having nearly recovered to pre-pandemic levels, domestic travel plummeted once more when Covid-19 resurfaced late last year. Apirat Chaiwongnoi from the Department of Airports says…