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Negative economic sentiments keep Thailand’s growth forecast at 2.8-3.3%
WEDNESDAY, MARCH 06, 2024
Thailand’s economic growth forecast will remain unchanged at 2.8-3.3% due to negative sentiments, the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) says.
SCB EIC sees slow Thai economic recovery amid uncertainties
FRIDAY, DECEMBER 15, 2023
SCB EIC revised its growth forecast for 2023 to 2.6% due to a much lower-than-expected Q3 GDP outturn, a large contraction in government spending, and lower tourist arrivals than the previous forecast partly due to a slow recovery of Chinese tourists.
ADB cuts Thailand’s 2023 economic growth forecast to 2.5%
THURSDAY, DECEMBER 14, 2023
The Asian Development Bank (ADB) has lowered its economic forecast for Thailand in 2023 from 3.5% growth to 2.5%, citing export contraction, reduced government spending, and lower investment from both the public and private sectors.
IMF lowers Thai GDP growth forecast for 2023 to 2.7% due to global situation
WEDNESDAY, OCTOBER 11, 2023
The International Monetary Fund (IMF) has lowered its economic growth projections for Thailand for this year and 2024.
Govt counting on tourism rebound to keep growth forecasts from falling
SUNDAY, APRIL 30, 2023
The faster-than-expected rebound in tourism is making Thailand’s 3.6% economic growth target for the year more certain, government spokesperson Anucha Burapachaisri said on Saturday.
Finance Ministry lifts growth forecast to -7.7% after signs of recovery
THURSDAY, OCTOBER 29, 2020
Seeing signs of recovery, the Finance Ministry has revised its economic forecast for this year, predicting a contraction of 7.7 per cent rather than the previous 8.5 per cent.
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