Showing 1 - 10 of 29
Confidence underpins retail recovery
Business, Fitch Solutions, Published on 16/03/2023
» Consumer spending in Thailand will post solid growth over 2022, with real household spending (based on 2010 prices) projected to grow by 4.6% year-on-year.
Growth headwinds mounting in Thailand
Business, Fitch Solutions, Published on 23/02/2023
» According to the latest data released by the National Economic and Social Development Council on Feb 17, Thailand's real GDP growth slowed significantly to 1.4% year-on-year in the fourth quarter of 2022 from 4.6% in the third quarter.
Medical tourism looking up
Business, Fitch Solutions, Published on 14/01/2022
» The healthcare and medical devices markets of many emerging economies are poised to benefit from a revival of medical tourism in 2022 as strict travel restrictions around the world are relaxed.
Auto bottlenecks persist
Business, Fitch Solutions, Published on 13/01/2022
» We believe that the combination of the continuing semiconductor shortage, shipping delays and the growing risk of energy shortages will serve to restrict global vehicle production throughout 2022.
The digital health difference
Business, Fitch Solutions, Published on 14/10/2021
» Thailand will see an increase in deployment of digital healthcare with the aim to enable early-stage interventions that can improve health as well as healthcare delivery by enhancing effectiveness, efficiency, accessibility, safety and personalisation.
Current account under pressure
Business, Fitch Solutions, Published on 23/09/2021
» We believe Thailand's current account surplus will shrink from 3.5% of GDP in 2020 to 0% this year, with the risk of falling into a full-year deficit.
Consumer spending revival slow
Business, Fitch Solutions, Published on 17/09/2021
» We forecast real household spending in Thailand to post growth of 0.2% year-on-year in 2021, following a contraction estimated at 11.8% last year as a result of the Covid-19 pandemic and related lockdown measures.
Recovery still stalled
Business, Fitch Solutions, Published on 24/08/2021
» We have significantly reduced our outlook for Thailand's economic growth given the surge in Covid-19 cases in the third quarter and subsequent disruption to activity.
Baht view more bearish
Business, Fitch Solutions, Published on 29/07/2021
» We forecast the baht to trade weaker over the near term given continued headwinds to the economy from Covid-19. The spread of the Delta variant has resulted in Thailand battling its worst outbreak since the pandemic began, with new cases averaging above 14,000 daily and deaths above 100.
Auto outlook good
Business, Fitch Solutions, Published on 08/06/2021
» Thailand remains a regional and global outperfomer in the recently updated Autos Production Risk/Reward Index (RRI) by Fitch Solutions. This reflects low average wages and a sound automobile policy that offers automakers an attractive production base.