by Teuvo Tuomi | Jul 5, 2024 | Economy, Business, Inflation, Infrastructure, Innovation, Investment, News, Thailand, Tourism, Trade
Thailand’s economic growth potential is expected to hover around 3% for the next five years, according to Bank of Thailand governor Sethaput Suthiwartnarueput. This is a decline from closer to 3.5% reported in the years before the Covid-19 pandemic. Many households in...
by Teuvo Tuomi | Apr 17, 2024 | Economy, News, Thailand
The Thai Chamber of Commerce expects Thailand’s GDP for the second quarter of 2024 to likely exceed 3% and continue to perform well for the remainder of the year, citing the disbursement of the budget and the growing tourism sector as positive factors. There are...
by Teuvo Tuomi | Mar 29, 2024 | Vietnam, Business, Economy, News
Vietnam’s GDP grew by 5.66% in the first quarter, the highest rate for the period since 2020, according to the General Statistics Office. Industry and construction grew at 6.28% and accounted for 35.7% of the GDP. Following close behind was the services sector...