News from Thailand Economy
Stay current with all the latest and breaking news about Thailand Economy, compare headlines and perspectives between news sources on stories happening today. In total, 333 stories have been published about Thailand Economy which Ground News has aggregated in the past 3 months.
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Economy · BangkokThe Bank of Thailand is unlikely to lower interest rates until the second quarter of 2025, when the economy could hit a fiscal cliff after the impact of the 10,000-baht digital handout diminishes, as expectations grow that the Federal Reserve will keep US rates elevated for longer, say analysts.See the Story
Analysts: Rate cut unlikely before Q2 of 2025
100% Right coverage: 1 sources
Trade · Nakhon PhanomThe provinces selected for this pilot promotion span all five regions of Thailand, including Phrae, Lampang, Nakhon Sawan, Nakhon Phanom, Sisaket, Chanthaburi, Ratchaburi, Kanchanaburi, Nakhon Si Thammarat, and Trang. (Photo – Wat Tham Suea, Kanchanaburi) The Thai Chamber of Commerce (TCC) has proposed a strategic move to elevate 10 second-tier provinces to first-tier tourist status, aiming to broaden revenue distribution and boost the national …See the Story
TCC proposes upgrading 10 provinces to premier tourist status
Stock Markets · Chiang Rai(CTN News) – During extended-hours trading on Wednesday, ServiceNow (NYSE:NOW) stock fell nearly 6% after the company reported slightly weaker-than-expected guidance that clouded the company’s strength in the first quarter. The company expects subscription revenue to be between $2.525B and $2.53B for the second quarter of 2012, which is lower than the estimate of $2.54B. […] The post ServiceNow’s Q1 Results Are Overshadowed By Weak Guidance appe…See the Story
ServiceNow's Q1 Results Are Overshadowed By Weak Guidance
Economy · BangkokThe program aims to disburse 10,000 baht through digital wallets to Thai citizens over the age of 16, who earn less than 70,000 baht per month and have bank deposits under 500,000 baht. The beneficiaries are expected to spend this amount at local businesses. The Cabinet, during a meeting on Tuesday (Apr 23) approved in principle a new digital wallet scheme designed to boost the economy, as announced by Prime Minister and Finance Minister Srettha…See the Story
Cabinet approves in principle new digital wallet scheme designed to boost economy
Tourism · BangkokDuring the bilateral discussion on 23 April 2024, both sides exchanged views on ways to enhance relations in various economic areas of mutual interest, especially in trade and investment as Kazakhstan is Thailand’s primary trade partner in Central Asia. H.E. Mr. Parnpree Bahiddha-Nukara, Deputy Prime Minister and Minister of Foreign Affairs of Thailand, welcomed and had a bilateral meeting with H.E. Mr. Murat Nurtleu, Deputy Prime Minister and M…See the Story
Thailand- Kazakhstan enhance relations in tourism and economic areas; 170,000 visitors in 2023
Finance · BangkokThe Ministry of Finance has reiterated that the government’s flagship digital wallet scheme is not only intended to offer economic relief to vulnerable groups, but also aims to stimulate the economy.See the Story
Finance Ministry hits back at digital wallet criticism
100% Right coverage: 1 sources
Central Bank · BangkokThe Bank of Thailand (BoT) says it has intervened in currency markets at times to ease any excessive moves in the baht, adding that the current policy rate is robust and conducive to economic recovery.See the Story
Central bank intervenes to steady baht
100% Right coverage: 1 sources
Trade · Mae SotThe Rim Moei market near the Thai-Myanmar border in Mae Sot district of Tak, which is usually packed with shoppers and tourists, especially during weekends, has been eerily quiet since the flare-up in fighting between junta and rebel forces last week. Many shops in the market have closed due to the lack of customers. Thanatporn Phakham, a trader in the market, said that the current situation is worse than the post-COVID pandemic period, when cus…See the Story
