BUSINESS

‘Recession’ a concern, says Thai business group

Lamonphet Apisitniran, Published on 07/01/2026

» Thailand’s economy is bracing for its weakest expansion in 30 years, with GDP growth projected at less than 2% in 2026, attributed to sluggish exports, high household debt and declining competitiveness in global markets, warns the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).