Illustrative image (Photo: Ashton Hawks)

Thailand: State investment expected to fuel economic growth

Due to global weak demand and ongoing trade tensions, State investment in big-ticket infrastructure projects and the government's Eastern Economic Corridor (EEC) flagship appears to be one of the few lifelines that Thailand can bank on to maintain economic growth momentum in 2020.

CPI merely rises by 2.79 percent in 2019

CPI merely rises by 2.79 percent in 2019

2019 is the second consecutive year that the economic growth of Vietnam was above 7 percent since 2011. Particularly, the gross domestic product (GDP) of Vietnam grew 7.02 percent while the consumer price index (CPI) merely rose 2.79 percent.
The Bank of Thailand feels upbeat about the country's economic growth in Q3. (Photo: bangkokpost.com)

Bank of Thailand upbeat about economic growth in Q3

Thailand’s economic growth in the third quarter is likely to improve from the second quarter’s reading, mainly thanks to positive tourism growth and the government’s economic stimulus measures, according to the Bank of Thailand.

Industrial processing and manufacturing industry increases 11.37 percent. (Photo: SGGP)

Nine-month economic growth at nearly-10-year high

Mr. Nguyen Bich Lam, general director of the General Statistics Office of Vietnam (GSO), said at the press conference held on September 28 that gross domestic product (GDP) of Vietnam in the first nine months of this year was estimated to rise by 6.98 percent over the same period last year, the highest level in the past nine years.