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CIMB predicts good economic growth in Thailand

BANGKOK – CIMB Thailand is forecasting the Thai economy will expand 3.2 percent this year after seeing 3.3 percent growth in the first quarter. CIMB...

3.6% economic growth expected this year

BANGKOK – The Thai economy is expected to expand by 3.6 percent this year, especially in the third and fourth quarters. University of the Thai...

Thailand’s growth rate is expected to rise to 3.1 percent from...

Thailand’s economic growth rate for this year is expected to register 3.1 percent instead of 2.5 percent as earlier predicted, thanks to effective fiscal...

Thai companies optimistic of economic growth this year

BANGKOK- Surveys of publicly traded companies in Thailand revealed optimism towards economic growth compared to last year. Most CEOs surveyed expect the country’s GDP to...

Growth is likely to stay below 3.2%

The central bank is concerned that the country's economy may grow less than 3.2% this year, attributing Brexit and the ongoing clampdown on zero...

Banker forecasts 3% economic growth rate this year

BANGKOK - The private sector has forecast the tendency of the Thai economy in the second half of year, saying internal factors are conducive...

Pailin expects global oil price to be maintained at 110 dollars/barrel

BANGKOK, 4 September 2012 - PTT President and CEO Pailin Chuchottaworn, has said that although the global oil price is unpredictable; he believes...

Finance Ministry expects 2013 budget deficit to ease significantly

BANGKOK, 10 February 2012  - The Finance Minister is hopeful that the government budget in fiscal 2013 will see smaller deficit, while predicting...

Bank of Thailand cuts key interest rate to stimulate post-flood economy

BANGKOK, Jan 25 – The Bank of Thailand (BoT), the country’s central bank, cut the policy interest rate Wednesday by 0.25 percentage points...

Latest Stories

Everyone passes the buck on paying for emergency medical treatment in Thailand

The unfortunate British tourist Pamela Gatehouse is facing medical and repatriation costs of around 80,000 pounds (3 million baht) and much more if a...

Heavy rainfall hits Pattaya at night, flooding busy residential roads

PATTAYA, Thailand – Pattaya experienced heavy rainfall, leading to localized flooding in several areas at 9 PM on February 22. Residents in Soi Khao...

Theft on Hotel Way Out – Woman arrested for stealing ATM card from British...

PATTAYA, Thailand – Police officials arrested 54-year-old Nang Kham Pakham at a restaurant near the entrance of Jomtien Soi 4, who was found to...

Police raid ‘Gang 38’ hideout in Pattaya, seize weapons after brawl and explosion incident

PATTAYA, Thailand – A police operation has led to the arrest of a 16-year-old boy and five other youths, following a violent clash between...

Shocking video captures Thai man chasing foreign tourist with knife in Jomtien, Pattaya

PATTAYA, Thailand – A disturbing video has gone viral on social media showing a terrifying encounter in Jomtien, Pattaya, where a Thai man, armed...