Aging society and skill shortage key issues in Thailand’s economy

Aging society and skill shortage key issues in Thailand’s economy

Aging society and skill shortage key issues in Thailand’s economy According to Moody’s latest Research Announcement, Thailand will sustain fiscal and external strength regardless of political developments; but structural challenges persist. 13 June 2019 Singapore, June 13, 2019 — —Thailand will likely maintain continuity on infrastructure investment, after the country’s recent election results. But its…

World Bank downgrades Thai growth to 3.5%

World Bank downgrades Thai growth to 3.5%

World Bank downgrades Thai growth to 3.5% This is the first time since the 1997-1998 Asian financial crisis that growth in the region has dropped below 6% according to the World Bank’s latest “Global Economic Prospects” report. Thailand’s 2019 GDP growth outlook is seen down to 3.5% from the 3.8% forecast in January, according to…

BOT eases jitters over currency

BOT eases jitters over currency

BOT eases jitters over currency THE chief of the central bank has sought to play down any concerns over the country’s potential inclusion on a US watch list for currency manipulation. Bank of Thailand (BOT) governor Veerathai Santiprabhob said there would be no concrete consequences if the US, as speculation suggests, is poised to add…

Overall Thai household debt remains at a high level: BOT

Overall Thai household debt remains at a high level BOT

Overall Thai household debt remains at a high level: BOT BANGKOK, 1 May 2019(NNT)-A study by the Bank of Thailand (BOT) has found that overall Thai household debt is still high. Government agencies are advised to maintain a policy to strictly supervise financial institutions’ lending, and provide information and an understanding of financial planning to…

Thailand in lead pack for Asean capital markets

Thailand in lead pack for Asean capital markets

Thailand in lead pack for Asean capital markets THAILAND ranks in the top three of capital markets in Asean and is expected to stay in the leading pack in 2030, trailing only Singapore and Indonesia, a study indicates. The report, Capital Markets in 2030, drew on research by The Economist Intelligence Unit on behalf of…

New Business Surge

New Business Surge New Business Registrations Surge as 2019 Begins The Director-General of the Department of Business Development, Mr Wuti Kraiweeraphan, revealed an extreme growth in new businesses for January in Thailand, compared to the previous month and the same month last year. Factors that Mr. Wuti accounted for this were investment promotion by the…