UTTC cuts Thailand’s growth forecast this year to 2.6 per cent

UTTC cuts Thailand’s growth forecast this year to 2.6 per cent

The Centre of Economic and Business Forecasting of the University of the Thai Chamber of Commerce (UTTC) on March 19 forecast that Thailand’s economic growth for 2024 would be 2.6 per cent, down from its earlier projection of 3.2 per cent due to the fragile economic recovery, a slowdown in private investment, the weak purchasing power of the consumers and delayed disbursement of the 2024 budget.
Cementing Vietnam’s development in 2022 and beyond

Cementing Vietnam’s development in 2022 and beyond

Michele Wee, CEO of Standard Chartered Bank Vietnam talked to VIR's Ha An about Vietnam’s growth scenario in 2022 and beyond.
World Bank slashes China growth forecast over Covid damage

World Bank slashes China growth forecast over Covid damage

The World Bank has sharply slashed its annual growth forecast for China, warning in a report Wednesday that Covid disruptions could further slow recovery in the world's second-largest economy.
World Bank to lower global growth forecast over virus outbreak

World Bank to lower global growth forecast over virus outbreak

The World Bank will revise its global growth forecast downwards due to the new coronavirus, the president of the multilateral lender said on Tuesday (Feb 4), amid fears the epidemic in China will harm global supply chains.
Euro slides as 'downbeat' ECB warns on economy

Euro slides as 'downbeat' ECB warns on economy

The euro slipped on Thursday (Dec 13) after the ECB trimmed its growth forecast for the eurozone because of "mounting uncertainties" from within and outside the region.