ThaiEconomy

Bangkok's Economic Boost: $5.9 Billion Investment in Transit and Data Centers

2 months ago

In a significant move to fortify its economy, the Thai government recently announced a robust investment of $5.9 billion aimed at enhancing Bangkok's infrastructure, specifically targeting transit systems and the establishment of advanced data centers. This initiative is expected to not only improve the city's public transportation efficiency but also position Thailand as a competitive player in the digital economy.

Thai Economic Landscape Shifts: PM Adviser Advocates for Rate Cuts Amid Growing Concerns

4 months ago

In a significant development reflecting the current state of Thailand's economy, a senior adviser to the Prime Minister has joined a growing chorus of voices urging the Bank of Thailand to consider cutting interest rates. This recommendation comes as a response to a heightening array of economic risks threatening the nation. The call for a proactive approach in monetary policy is driven by a convergence of factors, including external uncertainties and domestic economic pressures.

Thai Inflation Stabilizes, Returning to Target Levels for the First Time in Seven Months

5 months ago

In a significant development for the Thai economy, inflation has finally returned to the central bank's target range after a span of seven months. The latest data reveals that consumer prices have experienced a decrease, prompting optimism among policymakers and economists about the recovery trajectory of the country.

Bank of Thailand Forecasts Inflation Will Stay Below 3% Until 2026

5 months ago

The Bank of Thailand (BoT) has shared its projection that inflation in the country will remain within the range of 1% to 3% until 2026. This outlook signals a stabilizing economic environment, providing some reassurance to both consumers and businesses as they navigate the post-pandemic landscape.