Tags : World Bank

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World Bank says Thailand will take 20 years to gain

World Bank says Thailand will take 20 years before it can be considered a country with high earning. According to the survey of poverty by the Poverty and Human Development, East Asia and Pacific Program with the World Bank, it said at present there are almost 7.1 million Thais who are extremely poor. Full story: […]Read More

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Thailand falls to 49th on World Bank’s Ease of Doing

BANGKOK, 20 June 2016 (NNT) – Prime Minister Gen. Prayut Chan-o-cha has instructed relevant agencies to improve business and investment opportunities, after the World Bank revised down Thailand’s rank to 49th from 46th for ‘Ease of Doing Business.’ According to Government Spokesperson Maj. Gen. Sansern Kaewkamnerd, Thailand placed 49th out of 189 countries for ease […]Read More

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World Bank ranks Thailand No. 18 in terms of business

BANGKOK, 7 July 2014 (NNT) -The World Bank has revealed that Thailand has been listed in the Top 20 countries based on its ‘Ease of Doing Business’ report. According to the Doingbusiness.org website, Thailand has retained its 18th spot for year 2014 again based on the World Bank’s evaluation of 189 countries in regard to […]Read More

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World Bank slashes GDP growth forecast for Thailand to 3

BANGKOK, 7 April 2014 (NNT) – The World Bank has cut Thailand’s GDP growth forecast this year from 4.5 percent to 3 percent. The World Bank’s new economic outlook report slashed its GDP growth forecast for the East Asian and Pacific regions to 7.1 percent, including a sharp downgrade for the Thai economy following months […]Read More

Bangkok

Bangkok at risk from natural disasters: World Bank

The World Bank yesterday warned that Bangkok faced a high risk of natural disaster, especially massive flooding that could cause huge economic losses. It suggested that policy-makers make three preparations to deal with disasters: optimise the effectiveness of the Bt350-billion water-management budget; ensure cooperation among agencies assigned to analyse and study legal aspects of disaster […]Read More

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Thai Economy Threatened by Inflation, Says World Bank Official

A World Bank economist in Thailand is warning even if tensions ease in the Middle East, oil prices will remain high due to high demand from China, India and other industrialized countries. High oil and commodity prices are contributing to inflation, which is now seen as a key concern in Thailand and throughout the region. […]Read More

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Thai economy in 2011 projected to grow at lowest level

BANGKOK, Jan 13 – Thailand’s economy in 2011 is projected to expand by only 3.2 per cent, the lowest level in Asia in the past five years, dropping from last year’s economy, which grew by 7.5 per cent, Frederico Gil Sander, World Bank economist in Bangkok said on Thursday. According to the World Bank’s latest […]Read More