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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's rocky road in 2020
News, Kirida Bhaopichitr, Published on 25/12/2019
» The Thai economy will continue to grow slowly in 2020, albeit slightly faster than this year. It is projected to expand at 2.5-3.0%, compared with 2.5% in 2019, in line with faster growth in the global economy next year. The Thai economy's main drivers in 2020 will be recoveries in export volumes and tourism, and greater government spending. Moreover, relocation of investment from China to Thailand as a result of the US-Sino trade war will be more evident in 2020. However the trade war will continue to pose serious downside risks as its affects on trade, the Chinese economy, and investor confidence persist.