Asian Development Bank drops growth forecast for Thailand

Asian Development Bank drops growth forecast for Thailand

Asian Development Bank drops growth forecast for Thailand “The bank forecasts a slightly higher growth rate at 3.2% next year, due largely to infrastructure investment in the Eastern Economic Corridor.” The Asian Development Bank is lowering its growth forecast for Thailand’s economy from 3.9% to 3% but is optimistic that conditions will improve next year.…

Government urged to implement new economic stimulus measures

Government urged to implement new economic stimulus measures

Government urged to implement new economic stimulus measures Bangkok – The Director of the UTCC’s Economic and Business Forecasting Center, Thanavath Phonvichai, says that the 25% tariff imposed by the US on Chinese goods could have an adverse impact on the global economy already facing a slowdown. The UTCC projected that Thai exports will grow by…

SMEs found expanding markets, raising sales, gaining access to loans

SMEs found expanding markets, raising sales, gaining access to loans

SMEs found expanding markets, raising sales, gaining access to loans BANGKOK, 1 May 2019 (NNT)- University of the Thai Chamber of Commerce has unveiled the results of a poll with 1,200 respondents on the upgrade of small and medium-sized enterprises with mostly focusing on quality standard verification labels. The poll has found 44.31% of the respondents already has quality standard verification labels which have…