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Thai economy

Thailand’s exports surge despite strong baht

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Despite a considerably strong domestic currency, Thailand’s exports in August grew at their fastest pace since January 2013, far better than expected as demand...
Thailand’s economy to gather much needed pace next year

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The World Bank revised up its forecast for Thailand's economic growth by 0.1 percentage point to 3.2 per cent for next year in anticipation...
Foreign investment into Thailand nosedives 90%

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Foreign direct investment (FDI) into Thailand in the first half of the year fell by more than 90 per cent to just $347 million,...
IMF recommends raising VAT in Thailand to 10%

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The International Monetary Fund (IMF) in its economic report on Thailand released on March 28 recommends that the country's government raises value-added tax (VAT)...
Thailand’s tourism numbers at all-time high

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Thailand welcomed more than 29.6 million foreign visitors in 2015, a new record despite the country's political woes, Thai Minister for Tourism and Sports...
Thai baht, stocks hammered after deadly Bangkok blast

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Thailand's currency, the baht, fell to a six-year low against the US dollar on August 18 in the aftermath of the devastating bomb attack...
Foreigners drop Thai stocks as patience over junta runs out

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Foreign investors are selling Thai stocks at the fastest pace this year as the nation’s military government struggles to deliver on pledges to revive...
Junta chief appointed new Thai prime minister, industrial sentiment improves

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Thailand's junta leader Prayuth Chan-ocha has been named the new prime minister of the country on August 21 in a legislature hand-picked by the...
Mass departure of Cambodian workers hits Thai businesses

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Thai officials said on June 17 that the sudden exodus of some 180,000 Cambodian labourers would dent the economy as migrant workers, fearing reprisals...
Thailand lowers 2013 growth forecast to 3%

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Thailand's National Economic and Social Development Board (NESDB) has cut its full-year forecast for growth to 3 per cent from an earlier estimate in...