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Soft landing likely for this dragon year
Oped, Published on 31/01/2024
» The Year of the Dragon brings with it the expectation that the direction of the global economy will be better than that of 2023. Despite earlier concerns about a sharp global economic downturn, recent developments suggest a soft landing for 2024.
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Economy faces headwinds next year
News, Published on 12/12/2018
» The Thai economy is projected to grow 3.8% in 2019, slightly below this year's 4.2%. The main reason is slower growth in the global economy. This will lead to a deceleration in Thai exports and tourism, which will impact domestic consumption. However, foreign direct investment and government stimulus measures could prop up growth next year.
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US-China trade war may benefit Thailand long term
News, Published on 27/06/2018
» As a small, open economy, Thailand stands to be affected by global economic developments. The recovery of the US economy, with higher interest rates and bond yield rates, has an impact on capital flows and the Thai baht exchange rate. The rise in global oil prices from geopolitical tensions pushes our petrol prices and other prices up, while the looming US-China trade war will have a definite effect on our performance while the changes in global farm prices are having an impact on Thai farmers' incomes.
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