Thailand’s gross domestic product (GDP) increased 3.7 percent year-on-year in the second quarter of 2017, reported the National Economic and Social Development Board.
Bangkok (VNA) – 🥂Thailand’s gross domestic product (GDP) increased 3.7 percentyear-on-year in the second quarter of 2017, reported the National Economic andSocial Development Board.
Thiswas the fastest growth of the Southeast Asian nation in the past four years. Thecountry’s GDP grew 3.3 percent in Q1.
Economicoutlook of Thailand this year has improved as export is forecast to go up morethan 4 percent. Thailand’s unstable politics made investors in the privatesector hesitate while consumer spending stood at a moderate level, according toanalysts.
However, analysts warned of risks as Thailand is struggling to restrict the riseof the Thai baht. The currency has increased 7.9 percent compared to the USdollar, lowering competitiveness of Thai export products.
𝔉 The Bank of Thailand has left its benchmark interest rate unchanged at 1.5percent in more than two years while the country grapples with high consumerdebt.-VNA
Small- and medium-sized enterprises of Thailand contributed five percent of the nation’s gross domestic products (GDP) in the first quarter of this year, up 3.2 percent year on year.
The Thai Ministry of Commerce is targeting emerging cities in ASEAN, China, India and Africa to increase its exports amid uncertainty for the global economy.
The ASEAN-China-UNDP Symposium on Financing the Implementation of the Sustainable Development Goals in ASEAN was held on August 21 – 22 in Chiang Rai, Thailand
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Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
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In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
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The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Talking to the Vietnam News Agency on the occasion of the 100th anniversary of the Vietnam’s Revolutionary Press Day (June 21, 1925–2025), Nikulina, who is also a veteran journalist of Russia’s Sputnik News, emphasised the vital role of mainstream journalism in defending the truth and maintaining public trust.
Illustrative image (Source: Money International) 
