Finance ministry projects 3% growth for Thai economy in the upcoming year

Finance ministry projects 3% growth for Thai economy in the upcoming year

Thailand’s economy is projected to expand by 3% in 2025, driven by factors such as private consumption, exports, investment, and tourism, according to the finance ministry. The country, which is the second-largest economy in Southeast Asia, is expected to grow by 2.7% this year, a forecast that remains unchanged. In 2021, Thailand’s growth was recorded … Read more

Thai government aims for increased inflation range prior to BOT meeting, reports Reuters

Thai government aims for increased inflation range prior to BOT meeting, reports Reuters

“ BANGKOK (Reuters) – Thailand’s Finance Minister Pichai Chunhavajira stated on Tuesday that the country’s inflation target should be set higher than 1%, as he prepared to meet with the central bank governor to negotiate a new target range. Pichai and Bank of Thailand (BOT) Governor Sethaput Suthiwartnarueput, along with other officials, are scheduled to … Read more