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Nationwide flooding costs Bt60-90 billion in initial losses

Thailand’s initial losses in nationwide flooding were estimated at Bt60-90 billion or 0.6-0.9 percent of Gross Domestic Product (GDP), according to Finance Minister Teerachai...

Lively export, consumption to boost GDP in latter half

BANGKOK, 6 October 2011  – The University of the Thai Chamber of Commerce (UTCC) has projected a gross domestic product (GDP) growth of 4.3...

Business forecast centre revises 2011 GDP projection downward due to flood...

BANGKOK, Oct 6 - University of the Thai Chamber of Commerce (UTCC) Centre for Economic and Business Forecasting has revised its 2011 GDP growth...

Finance Minister projects 2011 GDP to grow 4%

BANGKOK, Sept 28 – The Ministry of Finance projected that Thai economy in 2011 will grow four per cent and still be affected by...

Bangkok Bank expects GDP growth of 3.6% this year

BANGKOK, 20 September 2011 – Bangkok Bank Executive Chairperson Kosit Panpiemrat has projected that this year’s gross domestic product (GDP) will expand by 3.6...

FPO: Oil Fund levy cut to help lower inflation by 0.5%

BANGKOK, 30 August 2011  – The Fiscal Policy Office (FPO) has indicated that the Thai economy continued to expand in July on account...

NESDB: 2011 Thai econ to grow 3.5-4%

BANGKOK, 22 August 2011  – The National Economic and Social Development Board (NESDB) has reduced the 2011 Gross Domestic Product (GDP) growth projection to...

THB to move 29.75-30.10 THB/USD this week

BANGKOK, 22 August 2011  – Kasikorn Research Centre (KResearch) has estimated that the Thai baht this week (from 22 to 26 August 2011)...

BoT: Political unrest not impacting much on tourism

BANGKOK, 1 July 2011 – The domestic political unrest dragged the Thai tourism down by less than 0.9% of the Gross Domestic Product...

Latest Stories

Three Chinese women rescued from alleged captivity in Pattaya-area house

PATTAYA, Thailand – Three Chinese women were rescued from a house in Banglamung after allegedly being lured to Thailand for entertainment work before being...

Pattaya rocked by thunder, floods, blackouts and dangerous roads

PATTAYA, Thailand – Pattaya was hit by a day of increasingly difficult weather conditions on September 23, with torrential rain bringing widespread flooding while...

Pattaya beach vendors call for more parking to bring tourists back

PATTAYA, Thailand – Pattaya beach umbrella and lounger operators gathered at Pattaya City Hall on September 23 to raise concerns over a shortage of...

Pattaya roads vanish under rising floodwater after torrential rain

PATTAYA, Thailand – Torrential rain swept across Pattaya on September 23, rapidly flooding several roads and leaving cars and motorcycles stranded as authorities moved...

East Pattaya faces more flooding, worst may still be ahead

PATTAYA, Thailand – With more heavy rain forecast through the weekend, East Pattaya is also seeing rapidly rising water, prompting authorities to restrict traffic...