Declining competitiveness for key export segments such as automobiles has kept Thailand from cashing in on improving global trade, according to analysts, as some start to downgrade shipment projections amid contracting manufacturing output and a slim private investment recovery.
Bangkok Post - Economists predict reduction by mid-year bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
Dr. Pipat Luengnaruemitchai, Chief Economist, KKP Research, Kiatnakin Phatra Financial Group, stated that there are four trends that need to be closely monitored in 2024 global economy:Growth divergence: While the global economy as a whole is
Bangkok Post - MPC calls for human capital investment bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
The Thai baht depreciated to a near three-week low on Monday, extending its losing streak into the second week of 2024, after the country's prime minister said rate hikes had not helped the economy and called for interest rate cuts.