Economy and commerce

Cleaning the economy

Bringing the economy back on track for normal growth is necessary, but may be insufficient if the government does not direct growth in a cleaner manner.Power generation and industries that play a major role in driving the Thai economy need to be seriously adjusted to ...

Bangkok Post Reporter

Economic recovery to be slow amid Covid crisis, global energy prices, rise in product costs: BOT

Thailand’s economy is expected to recover gradually but still faces difficulties due to the Covid-19 crisis, global energy prices and the increasing cost of products and services, the Bank of Thailand (BOT) reported on Wednesday.It said recovery in each economic sector is different, and it ...

The Nation Reporter

Economic recovery to continue but still fragile - BoT minutes

Thailand’s economy would continue to recover in 2022, but a rebound would remain fragile and uneven, as an Omicron outbreak puts less pressure on activity than earlier COVID-19 waves, according to minutes of the Bank of Thailand’s (BoT) last policy meeting.While upside inflationary risks had ...

NESDC bullish on growth prospects

The National Economic and Social Development Council (NESDC) is maintaining its 2022 forecast for economic growth at 3.5-4.5%, with the state planning unit expecting the government to successfully contain the spread of the Omicron variant without any more restrictions.Thailand’s economic growth in 2022 will also ...

Bangkok Post Reporter

BoT expects uptick in demand for lending

The Bank of Thailand (BoT) expects that the picking up trend of the Thai economy will support economic activities and loan demand this year.Loan demand for 2022 should be in line with economic activity under the economic rebound. Normally the BoT does not forecast loan ...

Bangkok Post Reporter

Recovery lures foreign fund inflows

Thailand’s bullish economic recovery is attracting high volumes of foreign fund inflows into Thai bonds and stocks, pushing the baht to a seven-month high, making it the strongest currency in Asia year-to-date.According to Kasikorn Research Center, the bond market received 127.79 billion worth of net ...

Bangkok Post Reporter

Thai GDP exceeds expectations with 1.9% rise in 2021 Q4

Thailand’s economy performed better than expected in the fourth quarter of 2021, expanding 1.9 per cent year on year, according to official figures on Monday.Reuters had forecast a 1.4 per cent expansion from October to December.Meanwhile gross domestic product (GDP) for the whole year rose ...

The Nation Reporter

Economic crisis could lead to House dissolution: poll

The current economic crisis could possibly lead to dissolution of the House of Representatives, according to a survey by Suan Dusit Rajabhat University, or Suan Dusit Poll.The poll was conducted online on Feb 14-17 on 1,148 people throughout the country to compile their opinions on ...

Bangkok Post Reporter

Thai agricultural products enjoying export growth spurt

Thailand’s agricultural product exports grew 17 per cent last year despite the Covid-19 pandemic, the Office of Agricultural Economics said.Chanthanon Wankhajorn, secretary-general of the Office of Agricultural Economics, said exports of Thai agricultural products from January to December last year were valued at Bt1.3 trillion, ...

The Nation Reporter

SCB preps with long-term debt rejig

Siam Commercial Bank (SCB) has prepared long-term debt restructuring for customers to help them survive the prolonged Covid-19 pandemic, in line with the central bank’s requirement.SCB expects applicants for debt relief measures in 2022 to have 500 billion baht in debt outstanding, up from the ...

Somruedi Banchongduang

Contact us

Contact us

Do you have questions on the content published by Open Development Thailand? We will gladly help you.

Have you found a technical problem or issue on the Open Development Thailand website?

Tell us how we're doing.

Do you have resources that could help expand the Open Development Thailand website? We will review any map data, laws, articles, and documents that we do not yet have and see if we can implement them into our site. Please make sure the resources are in the public domain or fall under a Creative Commons license.

File was deleted
ERROR!

Disclaimer: Open Development Thailand will thoroughly review all submitted resources for integrity and relevancy before the resources are hosted. All hosted resources will be in the public domain, or licensed under Creative Commons. We thank you for your support.

xYp75
* The idea box couldn't be blank! Something's gone wrong, Please Resubmit the form! Please add the code correctly​ first.

Thank you for taking the time to get in contact!