Chiangraitimes

China Lifts Nearly 100 Million People Out of Absolute Poverty

BEIJING – In a remarkable poverty elimination effort, China has achieved something truly historic. Over just eight years, the nation successfully lifted nearly 100 million people out of absolute poverty. The World Bank has officially recognized this incredible scale and speed as “historically unprecedented” by any measure. It is a milestone that marks a profound […]

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An Asset-Light Innovation Reshaping Thailand’s Capital Market

BANGKOK, Thailand - In 2026, every day Thais check their phones and trade stocks from a Bangkok street or Chiang Rai home. No big bank branches needed. Digital apps handle it all, fast and simple. That's asset-light innovation in action.

The post An Asset-Light Innovation Reshaping Thailand’s Capital Market first appeared on Chiang Rai Times.

Thailand’s 2026 Economic Growth Forecast: 1.6-1.8%, Key Drivers and Risks

BANGKOK - Thailand's 2026 Economic Growth Forecast points to modest gains of 1.6% to 1.8%, according to the World Bank and Asian Development Bank. That's the weakest pace in 30 years, outside major crises.

The post Thailand’s 2026 Economic Growth Forecast: 1.6-1.8%, Key Drivers and Risks first appeared on Chiang Rai Times.

Thailand Sees The Weakest Economic Growth in 30 Years as Pressures Build

BANGKOK - Thailand’s economy is heading towards its slowest pace of growth in more than three decades, outside major crisis periods. Current forecasts put 2026 GDP growth at only 1.5% to 1.8%.

The post Thailand Sees The Weakest Economic Growth in 30 Years as Pressures Build first appeared on Chiang Rai Times.

Asia’s Economy Predicted to Grow 4.5 Percent in 2025

The Boao Forum for Asia (BFA) announced on Tuesday that Asia's economy is expected to expand by 4.5% in 2025, slightly up from the 4.4% growth recorded in 2024.

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China’s Provincial Economies Take the Lead in Driving Economic Growth

In 2024, Jiangsu Province solidified its role as a key contributor to China's economic growth. The province's GDP increased by 5.8% year-over-year, outpacing the national growth rate by 0.8 percentage points.

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UK Economy Grows by 0.1% in Q4 2024

The UK Economy achieved 0.1% quarterly growth in the final quarter of 2024, resulting from a stronger-than-expected December performance.

The post UK Economy Grows by 0.1% in Q4 2024 first appeared on Chiang Rai Times.

India’s Central Bank Cuts Interest Rates for First Time in 5 Years

The Reserve Bank of India has cut interest rates for the first time in almost five years to tackle the slowdown in the growth of Asia's third-largest economy.

The post India’s Central Bank Cuts Interest Rates for First Time in 5 Years first appeared on Chiang Rai Times.

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