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Citing post-election uncertainty, World Bank sees Thai economy sputtering
MONDAY, JULY 08, 2019
Growth in the Thai economy is projected to fall from 4.1 per cent last year to 3.5 per cent this year, according to a World Bank report released on Monday.
WB report offers roadmap to next-level digital economy
THURSDAY, JUNE 06, 2019
With the aim of ensuring that the economic and social dividends of technology can reach everyone, a new World Bank report, “The Digital Economy in Southeast Asia – Strengthening the Foundations for Future Growth”, analyses the opportunities and challenges facing the region to scale up digital development.
Politics hangs over growth view
WEDNESDAY, APRIL 24, 2019
DELAYS to the formation of a new government could hurt the economy amid a global slowdown, warns the World Bank, which is projecting 3.8 per cent expansion in the country’s economy this year – down from the 4.1 per cent posted for 2018.
Myanmar economy to rebound
WEDNESDAY, APRIL 24, 2019
DESPITE Myanmar’s economic growth having declined to 6.2 per cent last year from 6.8 per cent in 2017 , the nation remains resilient and is expected to return to growth of 6.5 per cent this year and 6.6 per cent next year, according to WB economists.
World Bank predicts continued economic recovery
WEDNESDAY, JANUARY 10, 2018
The World Bank forecasts global economic growth to edge up to 3.1 per cent in 2018 after a much stronger-than-expected 2017.
WB urges greater economic mobility, social aid in ‘new Thai model’
THURSDAY, DECEMBER 07, 2017
THE WORLD BANK has warned that Thailand's economic development model is obsolete and has recommended an incorporation of three new pillars for the next step of development.
Making labour migration easier can deepen Asean economic integration: WB
MONDAY, OCTOBER 09, 2017
Easing restrictions on labour migration can boost workers’ welfare and deepen Asaen economic integration, the World Bank (WB) says in a newly released report.
WB urges deeper Asean links amid growth risks
WEDNESDAY, OCTOBER 04, 2017
THE World Bank sees Thailand’s economic growth trending just shy of 4 per cent over the coming years, but warns of threats in the form of regional security issues and trade protectionism.
Economic ministers to discuss lower WB ranking on ease of doing business
FRIDAY, OCTOBER 30, 2015
Prime Minister Prayut Chan-o-cha has called for a meeting of his Council of Economic Ministers in two weeks after Thailand slipped backwards from 46th to 49th in the World Bank's ranking of 189 economies in the ease of doing business, Somchai Sujjapongse
Need to boost ease of doing business
THURSDAY, OCTOBER 29, 2015
THAILAND needs to improve its legislative enforcement, short-cut duplicate and complicated processes for starting up new businesses and tax payments, and increase credit-access opportunity for enterprises - especially SMEs - according to the World Bank.