The Thai economy will face many headwinds but also tailwinds next year, mainly from the global economy and geopolitical tensions. In 2022, the Thai economy slowly recovered from the Covid pandemic as lockdowns ended and the economy was reopened to international travel. After contracting by more than 6% in 2020, Thailand’s real gross domestic product […]
Phumjit Sri-UdomkajornTiensawang ThamwanichNathchaya Pongakkarawat The second wave of Covid-19 in Thailand has proved to be challenging to our economic team. Previously, the government has introduced several relief measures to curb the economic impacts from the pandemic including (1) Monetary policy when BoT cut the policy interest rate and (2) Fiscal policies which are about taxs […]
Saowaruj Rattanakhamfu Designed to attract foreign and domestic investment to the three eastern provinces of Chon Buri, Rayong and Chachoengsao, the Eastern Economic Corridor (EEC) is the current government’s most important engine to drive its “Thailand 4.0” policy which is attempting to propel the country towards high-income status. Even though investment is important for short-term […]
