Thailand Business News
IMF Forecasts 6.1% Growth for Vietnam in 2024 Despite Ongoing Challenges
The IMF projects Vietnam’s GDP growth at 6.1% for 2024, supported by external demand and government policies, despite risks in exports and the real estate sector. In its recent September report, the International Monetary Fund (IMF) significantly upgraded its 2024 GDP growth forecast for Vietnam to ...
ASEAN Briefing
Thailand cited as one of the ten most flood-affected countries in the world
“Climate Risk Country Profile – Thailand” outlines rapid onset and long-term changes in key climate parameters, as well as the impact of these changes on communities, livelihoods, and economies—many of which are already underway. The publication is part of a series of climate risk country profiles ...
Asian Development Bank and Headline Editor
Southeast Asia remains a hot spot for plastic pollution
Southeast Asia has emerged as a hot spot for plastic pollution because of rapid urbanization and a rising middle class , whose consumption of plastic products and packaging is growing due to their convenience and versatility. But local waste management infrastructure has not kept pace, resulting in ...
Victoria Kwakwa
Thailand borrows US$ 1.5 billion from ADB to fight Covid-19
The borrowing is a part of an executive emergency decree empowering the Thailand’s Finance Ministry to seek loans up to one trillion baht ($32 Bln) to combat economic and social problems resulting from COVID-19 . Finance Minister Arkhom Termpitayapaisith and Hideaki Iwasaki, country director for the ...
Changyong Rhee
Thailand Ranks First in the Global COVID-19 Recovery Index
Thailand ranks first among the countries with the highest COVID-19 recovery index, according to a report issued by the Global COVID-19 Index (GCI). The GCI report, published on 28 July 2020, gave Thailand an index score of 82.06 from 100 points, putting it on top of ...
PR Thai Government
Thailand’s rice exports slump to decade low
The Thai Rice Exporters Association cut its projection for 2020 rice exports from 7.5 million tonnes to 6.5 million tonnes, the lowest in a decade. Thailand shipped 3.14 million tonnes of rice in the first six months of this year, down 32.7% from the same period ...
Thailand accepts World Bank’s climate change grant
In addition to several projects and agreements approved in the Cabinet meeting yesterday, the government has agreed to accept a 5 million dollar U.S. grant from the World Bank to reduce emissions of hydrofluorocarbon gas (HFC), which is one of the greenhouse gases affecting the ...
National News Bureau of Thailand
7 million jobs at risk in post-Covid-19 Thailand
Shutdowns from the pandemic could trigger a tsunami of job losses in Thailand especially for employees who don’t have a regular salary, low-paid workers and people without a written contract. The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) says that as much as 7 ...
Olivier Languepin
Thailand tops UN Sustainable Development Goals (SDGs) rank in ASEAN
The Prime Minister is satisfied with the latest Sustainable Development Goals (SDGs) ranking where Thailand’s is in 40th place and the highest placed country in ASEAN. Deputy Government Spokesman Lt Gen Werachon Sukondhapatipak said the Prime Minister has acknowledged and is satisfied with Thailand’s latest position ...
Southeast Asia launches $1 billion facility for green infrastructure
The Association of Southeast Asian Nations (ASEAN), the Asian Development Bank (ADB) and major financiers on Thursday launched a facility to spur more than $1 billion in green infrastructure investments across Southeast Asia. The facility offers loans and technical assistance for sovereign projects in areas such ...
