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Business leaders slash Thai growth forecast
Business, Lamonphet Apisitniran, Published on 02/04/2026
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has lowered its Thai GDP growth forecast to a range of 1.2-1.6%, citing the ongoing energy crisis triggered by war in the Middle East. The previous projection was 1.6-2.0%.
Oil turmoil speeds up Thailand's electric shift
Business, Lamonphet Apisitniran, Published on 02/04/2026
» Banks and car buyers are increasingly shifting towards battery electric vehicles (BEVs) as surging oil prices, fuelled by Middle East tensions, reshape Thailand's auto market, says Ford Thailand.
Thai business group cuts 2026 GDP growth forecast to 1.2%-1.6%
Reuters, Published on 01/04/2026
» Thailand's economy is expected to grow by 1.2% to 1.6% this year, a leading business group said on Wednesday, cutting its outlook from an earlier growth forecast of 1.6% to 2.0%.
Food exports poised to drop by over 7%
Business, Somhatai Mosika, Published on 01/04/2026
» Food exports are projected to decline by 7.3% year-on-year to 1.4 trillion baht this year, possibly hitting their lowest level in five years due to Middle East conflicts, say industry groups.
Private sector urges urgent economic action
Business, Lamonphet Apisitniran, Somhatai Mosika and Nareerat Wiriyapong, Published on 01/04/2026
» Business leaders have welcomed Prime Minister Anutin Charnvirakul's new cabinet, expressing hope for a more effective response to a range of economic challenges, from surging fuel prices to broader issues affecting the Thai economy.
SCB X assists customers troubled by the war
Business, Somruedi Banchongduang, Published on 01/04/2026
» SCB X, a technology conglomerate and the holding company of Siam Commercial Bank (SCB), has extended assistance to customers affected by the war, with targeted measures initially focused on the tourism and export sectors.
Thai private investment stabilises despite global risks
Business, Wichit Chantanusornsiri, Published on 31/03/2026
» The Fiscal Policy Office (FPO) remains concerned that the war in the Middle East and volatility in the baht exchange rate could adversely affect the Thai economy, despite imports of capital goods rising by nearly 44% in February compared with the same period last year, reflecting continued expansion in private sector investment.
Delayed Iran deadline gives investors a breather
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 28/03/2026
» RECAP: Asian shares pared losses on Friday as another delayed deadline in the Middle East war nudged oil prices lower, though there was still no end in sight to the unfolding energy crunch on the global economy.
Thai factory output unexpectedly dips in February, could rise in March
Reuters, Published on 27/03/2026
» Thailand's manufacturing production index dropped 0.04% in February from a year earlier, the Industry Ministry said on Friday, weaker than analysts' forecasts.
Call for measures to restrain fuel price hikes
Business, Somhatai Mosika, Published on 27/03/2026
» The Thai Chamber of Commerce is calling on the government to manage fuel prices, ensure adequate reserves, and speed up the implementation of energy-saving measures nationwide.