Bank of Thailand projects 2.8% economic growth for 2020 The overall national economic growth in 2020 is now projected to be 2.8% from the anticipated recovery of the export and investment figures The Bank of Thailand has announced a 2.8% growth projection for the Thai economy in 2020 thanks to a better performing export sector.…
Thai economy’s Deceleration confirmed in November (Bot) Thailand’s economy continued on a downward trend in November with exports contracting by 7.7 percent from the same period last year According to Bot’s latest Press Release, the Thai economy continued to be on a decelerating trend in November, prompting the Central Bank to use the exact same words from its previous…
Thai economy continued to be on a decelerating trend (Bank of Thailand) The Thai economy continued to be on a decelerating trend in October, although private consumption indicators expanded and foreign tourist arrivals continued to expand. According to Bot latest Press Release, the Thai economy continued to be on a decelerating trend in October. The value of…
NESDC cuts Thailand’s growth to 2.6% GDP growth this year is now expected down to 2.6 percent, but the council now expects 2020 GDP to grow at least 2.7 percent when the export sector is expected to recover BANGKOK (NNT) – The Office of the National Economic and Social Development Council (NESDC) has announced that…
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…
How the spectrum price affects 5G development in Thailand? A reasonable spectrum price is, therefore, a key concern for NBTC as it needs to balance between government benefits from the spectrum license fee and affordable price for mobile operators. For mobile operators, the spectrum price is the factor affecting their network investment in an early…
BoT trims growth forecast to 3.3% from 3.8% The bank of Thailand while maintaining a policy rate of 1.75 percent per year, announced that in 2019, the economy will expand at the lower rate of 3.3 percent from 4.1 percent in 2018, BANGKOK, 28 June 2019(NNT) – The Bank of Thailand (BOT) announced yesterday that…