The Latest Breaking News from Economy

The hurricane has been downgraded.

Consumer spending could rise 17% to 125 billion baht, a four-year high, during the upcoming Songkran holiday as the economy and tourism gather steam, according to the University of the Thai Chamber of Commerce (UTCC).

In March 2020, the economy grinded to a halt as the COVID-19 pandemic forced widespread shutdowns of businesses. As Congress watched the economy collapse, it responded by doing something lawmakers have resisted since the 1960s: a large expansion of the social safety net.

The Reserve Bank has hit the pause button on its record breaking run of interest rates hikes in April, delivering relief to home owners.

Cash rate on hold as the Reserve Bank indicates it will monitor state of economy and the outlook before lifting borrowing costs further

Interest rates have been put on hold for the first time in almost a year, delivering a reprieve to mortgage holders amid a slowing economy.

Creo Medical plans to build a new research and development (R&D) manufacturing centre on its current site.

The Election Commission (EC) has joined forces with the Ministry of Digital Economy and Society (DES) to set up an "e-war room" to monitor upcoming election campaign activities online.

Car and motorcycle bookings at the 2023 Bangkok International Motor Show, which ended on Sunday, rose by more than 35% year-on-year to 45,983 units, thanks to an improving economy and electric vehicles (EVs).

The devastating earthquakes that killed more than 50,000 people in Turkey (and at least 7,000 in northern Syria) in February have exposed deep-rooted problems in the run-up to potentially epochal presidential and parliamentary elections on May 14. Turkey, it is now clear, needs more than a change of government; it…

The Thai economy is set to expand by only 3% this year, well below the Bank of Thailand's forecast of 3.6%, due to rising risks of a deeper slowdown in the global economy stemming from increasing uncertainty and banking stresses in the US and Europe, said Fitch Solutions.