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Search resuls for: "Krisada Chinavicharana"


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Thailand to lower 2023 growth forecast after weak Q3
  + stars: | 2023-11-27 | by ( ) www.reuters.com   time to read: 1 min
BANGKOK, Nov 27 (Reuters) - Thailand's previous 2023 economic growth forecast of 2.7% will be lowered after a weaker-than-expected third quarter, Deputy Finance Minister Krisada Chinavicharana said on Monday. Southeast Asia's second-largest economy expanded much slower than expected, at 1.5%, in the July-September quarter from a year earlier, the slowest this year, due to declining exports and government spending. For next year, while the ministry is aiming for economic growth of slightly higher than 3%, it will try to push for even more with upcoming government stimulus measures, he told reporters. The finance ministry's current forecasts are for 2.7% economic growth in 2023 and 3.2% growth in 2024. Reporting by Kitiphong Thaichreon; Writing by Orathai Sriring; Editing by Kanupriya KapoorOur Standards: The Thomson Reuters Trust Principles.
Persons: Krisada Chinavicharana, Kitiphong Thaichreon, Orathai Sriring, Kanupriya Kapoor Organizations: Thomson Locations: BANGKOK
Thai economy may grow as forecast this year - deputy finmin
  + stars: | 2023-09-08 | by ( ) www.reuters.com   time to read: +1 min
Colorful umbrellas are seen in a restaurant as tourists enjoy a beach in the island of Phuket in Thailand January 19, 2023. REUTERS/Jorge Silva/File Photo Acquire Licensing RightsBANGKOK, Sept 8 (Reuters) - Thailand's economy may grow as forecast this year, helped by public consumption and investment after the formation of a new government, Deputy Finance Minister Krisada Chinavicharana said on Friday. The ministry has forecast economic growth of 3.5% this year. The new government led by Prime Minister Srettha Thavisin, who is also finance minister, is seeking to revive Southeast Asia's second-largest economy and deliver on key campaign promises after an election in May. Reporting by Kitiphong Thaichareon; Writing by Orathai Sriring; Editing by Kanupriya KapoorOur Standards: The Thomson Reuters Trust Principles.
Persons: Jorge Silva, Krisada Chinavicharana, Srettha Thavisin, Kitiphong Thaichareon, Orathai Sriring, Kanupriya Kapoor Organizations: REUTERS, Rights, Southeast, Thomson Locations: Phuket, Thailand, Rights BANGKOK
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