Bank cuts Thai 2020 GDP growth outlook to 2.7%

Bank cuts Thai 2020 GDP growth outlook to 2.7%

Bank cuts Thai 2020 GDP growth outlook to 2.7% SCB’s Economic Intelligence Center (EIC) has released its latest growth forecast, at 2.7 percent, showing a slow recovery from just 2.5 percent economic growth in 2019 SCB’s Economic Intelligence Center (EIC) has released its latest forecast, indicating that the Thai economy at the end of 2020…

Southeast Asia’s growth forecast is revised down slightly to 4.4% for 2019, as economic weakening in Singapore and Thailand prompts downward adjustments to their growth forecasts

ADB Trims Southeast Asia’s growth forecast to 4.4%

ADB Trims Southeast Asia’s growth forecast to 4.4% Southeast Asia’s growth forecast is revised down slightly to 4.4% for 2019, as economic weakening in Singapore and Thailand prompts downward adjustments to their growth forecasts The Asian Development Bank (ADB) has trimmed its forecasts for economic growth in developing Asia this year and next year as…

Thai Cabinet approves new economic stimulus measures

Thai Cabinet approves new economic stimulus measures

Thai Cabinet approves new economic stimulus measures The Thai government has rolled out new stimulus measures intended to boost full-year economic growth to 2.8% The Thai Cabinet today approved three new stimulus packages to prop up the softening economy, said Finance Minister Uttama Savanayana. The government expects the measures to propel full-year economic growth to…

Thai exports down 4.5% in October

Thai exports down 4.5% in October

Thai exports down 4.5% in October Thai Exports dropped by 4.5% year-on-year in October to US$20.8 billion, bringing the contraction in first 10 months of 2019 to 2.35% Logistics and transportation of Container Cargo ship and Cargo plane with working crane bridge in shipyard at sunset, logistic import export and transport industry backgroundBANGKOK (NNT) –…

Finance Ministry cuts economic growth outlook to 2.8%

Finance Ministry cuts economic growth outlook to 2.8%

Finance Ministry cuts economic growth outlook to 2.8% The Ministry of Finance has now cut the country’s economic growth outlook to 2.8%, from the previous 3%. BANGKOK (NNT) – After three quarters, the global economic slowdown and the ongoing trade war between China and the United States, are still having an adverse impact on the…