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The Latest Breaking News from NESDC

Thailand needs central data centre authority, NESDC says

Thailand ⁠needs ⁠to set up a central authority to oversee data centres to ensure investments in the sector create jobs ‌and support economic growth, the National Economic and Social Development Council said on Monday.

JSCCIB Joins Forces with Public Sector and World Bank

JSCCIB Joins Forces with Public Sector and World Bank

BANGKOK, THAILAND – August 17, 2026 — The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB), comprising the Thai Bankers’ Association, the Board of Trade of Thailand and the Federation of Thai Industries, in collaboration with the Ministry of Finance, the Bank of Thailand, the National Economic and Social…

Thai growth faces mounting economic headwinds

Thai growth faces mounting economic headwinds

Thailand faces growing economic challenges from a current account deficit, tight fiscal conditions and uncertainty over trade negotiations with the US, limiting the government's room to drive growth, says Supavud Saicheua, chairman of the National Economic and Social Development Council (NESDC).

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B400bn loan projects to be screened this month

The government will begin screening projects under its 400-billion-baht emergency loan programme after the Constitutional Court on Thursday ruled that the emergency borrowing decree is constitutional, clearing the way for the government's spending plans.

Thailand's misleading growth story

Thailand's quarterly GDP growth rate was 1.2% in the third quarter of 2025, rising to 2.5% in the fourth quarter and further to 2.8% in the first quarter of 2026, according to the National Economic and Social Development Council (NESDC).

Tilling the soil before planting

As Thailand navigates a complex and rapidly changing global landscape, the National Economic and Social Development Council (NESDC) has opened a vital public dialogue regarding the draft framework of the 14th National Economic and Social Development Plan (2028–2032). Among its core pillars, "Pillar 3: Upgrading Human Capital", stands out as…

Land Bridge blind spot

The Lower House has made a regrettable decision on the study of the Land Bridge project. Instead of allowing the House to launch a study and promote public participation, a majority of lawmakers on May 29 voted 266:174 to let the cabinet handle the study. The decision undermines the parliamentary…

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Panel calls for overhaul of alcohol tax structure

Panel calls for overhaul of alcohol tax structure

The National Economic and Social Development Council (NESDC) has recommended restructuring the alcoholic beverage tax system to help reduce consumption.

Ask shippers about the Land Bridge

Ask shippers about the Land Bridge

I do not understand the debate over the feasibility of the Land Bridge project (LB). Opponents cite one study concluding the project is not feasible and therefore not worthwhile.

NESDC to evaluate Land Bridge project

NESDC to evaluate Land Bridge project

The National Economic and Social Development Council (NESDC) is preparing to convene a subcommittee meeting on the Land Bridge project to assess the project's feasibility and possible development model.

AI growth puts 8.7m Thai jobs at risk

AI growth puts 8.7m Thai jobs at risk

Nearly 9 million workers could potentially be affected by generative artificial intelligence (GenAI), according to estimates by the National Economic and Social Development Council (NESDC).

Too much screen time 'bad for kids'

Too much screen time 'bad for kids'

Excessive screen exposure is one of the leading causes of developmental delays among young children, according to a recent government-agency report.

Online sexual abuse now at severe levels

Online sexual abuse now at severe levels

The growing threat of sexual harassment on social media is having a severe impact on children and the young, according to Thailand

Thailand's 2024 budget to be ready by Q1 2024

Thailand's 2024 budget to be ready by Q1 2024

Thailand expects its 2024 fiscal budget to be ready by the first quarter of next year, Danucha Pichayanan, chief of the National Economic and Social Development Council (NESDC), told a business seminar on Wednesday.

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Warning over household debt surge

The National Economic and Social Development Council (NESDC) warns that Thailand's ballooning household debt will become a serious problem if employment and the economy decelerate, says secretary-general Danucha Pichayanan.

NESDC demands discipline

The National Economic and Social Development Council (NESDC) has warned the new government to strictly maintain financial and fiscal discipline as it will affect foreign investors' confidence in the Thai economy, says secretary-general Danucha Pichayanan.

Politicians must check their promises

As political parties step up their election campaigns, with each of them rolling out a plethora of populist policies, concerns have arisen over the long-term budget burden if the poll winners translate these policies into practice.

Consumer confidence reaches three-year high

Consumer confidence increased for the ninth straight month in February, boosted by recovering tourism, government stimulus measures, and the baht's weakness.

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Sector braces for 80m visitors by 2027

Intense congestion at popular tourist destinations needs to ease in order to accommodate a new target of 80 million foreign arrivals by 2027, says Tourism and Sports Minister Phiphat Ratchakitprakarn.

Fresh calls for tax reform

In the past several years, various economists have called for restructuring Thailand's tax system but met with little response from the government or society at large.

Think tank calls for personal income tax restructuring

The government needs to revamp the tax structure, especially the personal income tax, to bridge the income gap and ensure a fairer system, according to the National Economic and Social Development Council (NESDC).

Jobless rate falls to 1.15% in Q4

Thailand's unemployment rate in the fourth quarter of 2022 dropped to 1.15% from 1.23% in the previous quarter, the National Economic and Social Development Council (NESDC) said on Thursday, as the vital tourism sector rebounds.

Global and Thai economy in a 'no-landing scenario'

The world economy in the first quarter of 2023, especially in January, seems to be defying gravity. The US labour market and retail sales figures have been much better than expected, while inflation is showing signs of a slower-than-expected slowdown.

NESDC prunes 2023 growth view to 2.7-3.7%

The government's planning unit has downgraded its economic growth forecast to 2.7-3.7% for this year from 3-4% estimated in November last year, largely attributed to the global slowdown and declining exports.

Q4 GDP growth slows, 2023 outlook trimmed

Thailand's economic growth slowed more than expected in the fourth quarter of 2022, as exports and manufacturing declined, but a rebound in the vital tourism sector should continue to boost the recovery this year amid weaker global demand.

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People

Prayut Chanocha

Phiphat Ratchakitprakarn

Thanavath Phonvichai

Danucha Pichayanan

Payong Srivanich

Yodchanan Wongsawat

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Organisations

US Federal Reserve

Bank of Thailand

the Constitutional Court

the Bank of Thailand

The Ministry of Finance

the Lower House

the Federation of Thai Industries

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