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Thailand slashes growth forecast on impact of trade war
Published on 19/05/2025
» Thailand significantly lowered its forecast for economic growth this year as the global trade war undercuts private investment and exports, adding to already-weak consumption at home.
Thai economy saw Q1 boost ahead of higher US tariffs
Bloomberg News, Published on 19/05/2025
» Thailand’s economy grew at a faster-than-expected pace last quarter as businesses front-loaded orders in a bid to avoid the Trump administration’s threatened 36% tariff. Gross domestic product in the January-March period rose 3.1% from a year earlier, the National Economic and Social Development Council said on Monday.
Midpoint of Trump tariff hiatus to reveal increasingly unsettled world
Published on 19/05/2025
» Reports in the coming week may give the fullest reading to date of how major economies are faring with trade disruptions, halfway through US President Donald Trump’s 90-day hiatus on so-called reciprocal tariffs.
European trade lobby issues paper
Poramet Tangsathaporn, Published on 19/05/2025
» The European Association for Business and Commerce (EABC) Thailand has launched its 2025 European Business Position Paper, "Elevating Thailand's Competitiveness: Driving Economic Transformation and Regulatory Reforms".
Thai ESG X shakes up SET with raft of new funds
Business, Nuntawun Polkuamdee, Published on 19/05/2025
» The Thai ESG Extra (ESG X) funds launched this month are expected to promote the sustainability of Thai listed companies and help revive the Stock Exchange of Thailand (SET).
Would more debt fix the economy?
Business, Wichit Chantanusornsiri, Published on 17/05/2025
» A total of seven emergency loan decrees were issued from 1998 to 2021, authorising combined borrowings of 3.83 trillion baht to address various economic crises, including the Asian financial crisis and the Covid-19 pandemic.
Consumer confidence drops for third month in a row
Business, Phusadee Arunmas, Published on 16/05/2025
» The consumer confidence index (CCI) dropped for a third consecutive month in April to hit its lowest level in seven months, attributed to concerns over US tariffs, falling agricultural product prices, and political uncertainties.
Thai consumer confidence hits 7-month low in April due to US tariffs
Published on 15/05/2025
» Thai consumer confidence dropped for a third straight month in April, hitting its lowest level in seven months due to concerns over US tariffs and a slow domestic economic recovery, a survey showed on Thursday.
Thai hotels face double whammy from US tariffs
Business, Nareerat Wiriyapong, Published on 15/05/2025
» Thai hotels are likely to face secondary effects from the US reciprocal tariffs as slowing tourist arrivals may cause hoteliers to cut prices or introduce more aggressive campaigns at home, while their overseas operations cannot escape the impact of the global economic slowdown.
BoT warns of long path to recovery
Business, Somruedi Banchongduang, Published on 13/05/2025
» Structural problems are a key concern undermining Thailand's future growth potential, Bank of Thailand governor Sethaput Suthiwartnarueput has warned in a harrowing forecast of the country's economic future.