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2025: Year of uncertainties and risks
Oped, Kirida Bhaopichitr, Published on 15/01/2025
» The Year of the Snake will be a challenging one for most countries as it will be filled with uncertainties and risks as geopolitical tensions intensify and deglobalisation accelerates. With President Donald Trump resuming the US presidency, the rise of trade and technology wars will disrupt trade and growth in many countries. Moreover, the geopolitical tensions in several key world hotspots may heighten the chance of wars. Nevertheless, amid the economic challenges, there are opportunities for the relocation of investments, which can be achieved if Thailand proves ready for them.
Thai economy to see uptick in 2022
Oped, Kirida Bhaopichitr, Published on 12/01/2022
» The Thai economy will continue to recover from last year, but is yet to reach its pre-Covid level. In 2022, economic growth is expected to be 3.0-3.5%, against 0.8% last year and -6.1% in 2020. This growth rate, however, still does not put the Thai economy back to its value in 2019. The value of the Thai economy or its gross domestic product (GDP) is forecast to reach its 2019 level in 2023.