Deputy Finance Minister Paopoom Rojanasakul has urged the Bank of Thailand to "step on the gas" with its monetary policy to counteract the economic impact of the looming US tariffs. He highlighted the government's approved 115-billion-baht stimulus package as a key fiscal measure to boost the economy in late 2025 and early 2026. This call signals t
Bank of Thailand Lowers Growth Forecast Due to US Tariffs
The Bank of Thailand (BOT) has revised its economic growth forecast for Thailand downwards, predicting a slowdown to 1.6% in the second half of 2025 and 1.7% for the entirety of 2026, primarily due to the impending US tariffs. The BOT's Macroeconomics Division Director stated that exports are expected to fall by 4% in late 2025. The central bank em
US Tariffs on Thai Goods Confirmed, Expected to Impact Exports in 2025-2026
The United States has confirmed a 36% import tariff on all goods from Thailand, set to take effect on August 1, 2025. This significant trade measure is expected to suppress Thailand's export-reliant economy, with the Deputy Finance Minister indicating potential impacts on economic growth into early 2026. The Bank of Thailand forecasts export contra
Thaksin Advocates Legalizing Online Gambling for Economic Boost
Former Prime Minister Thaksin Shinawatra has publicly suggested legalizing online gambling in Thailand as a means to inject an estimated 300 billion baht annually into the economy. He argues that formalizing this underground activity would allow for better regulation, combat youth addiction, and increase state revenue. His proposal adds to the ongo
Bangkok Governor Welcomes Shantou Delegation, Strengthening City-to-City
Bangkok Governor Chadchart Sittipunt extended a warm welcome to a delegation from Shantou, China, at Bangkok City Hall. The visit aimed at strengthening bilateral ties and exploring collaboration opportunities in healthcare, business, trade, and cultural tourism. The two cities also marked the 25th anniversary of their friendship and the 50th anniv