20 Feb 2025 Thai Economy The MPC is expected to maintain the policy rate at its February 26 meeting and cut the rate 1-2 times during the rest of this year, with the weight given primarily to domestic factors (Business Brief No.4131 Full Ed.) คะแนนเฉลี่ย คะแนนเฉลี่ย 5 stars 4 stars 3 stars 2 stars 1 star At its meeting on February 26, 2025, the Monetary Policy Committee (MPC) will likely maintain its policy rate at 2.25 percent while adopting a wait-and-see approach regarding the Thai economy amidst high uncertainties, particularly from the US import tariff policy. Meanwhile, the domestic economy in the first half of this year is expected to expand almost on par with the 3.2-percent YoY growth reported for 4Q24, supported by economic stimulus measures, accelerated exports, and government budget disbursements.KResearch expects the MPC to cut its policy rate 1-2 times later in 2025, with the weight given primarily to domestic economic risks and financial stability. The delayed trend of global monetary policy easing influenced by the Fed may not be the main factor that the MPC considers.The Thai economy may face heightened risks from internal and external factors, especially in the second half of 2025. This year, Thai exports may slow due to the impact of renewed trade wars. Meanwhile, the domestic economy may face pressures from the manufacturing sector, which has yet to recover, and slowing momentum in household spending amidst economic uncertainties and high household debt. Additionally, the government’s economic stimulus measures are expected to provide only limited, short-term support for household spending. View full article Login / Register Or Enter the code from the poll Annotation This research paper is published for general public. It is made up of various sources. Trustworthy, but the company can not authenticate. reliability The information may be changed at any time without prior notice. Data users need to be careful about the use of information. The Company will not be liable to any user or person for any damages arising from such use. The information in this report does not constitute an offer. Or advice on business decisions Anyhow. Thai Economy Related Analysis View all 12 Mar 2018 Thai Economy Households are Cautious about Spending in 1Q18 According to a survey on household economic conditions for February, views of Thai households across the country toward economic conditions and the cost of living over the next three months remained unchanged. This is reflected in the 3-month Expected KR-ECI that was static at 47.1 in February. Households still had positive views toward income and employment, given the daily minimum wage rise slated for April 2018, while prices of some key agricultural produce, namely “Hom Mali” rice and cassava, have begun to increase. However, households were concerned about growing debt.... Read more 0 KB 0 KB 19 Feb 2018 Thai Economy Thai economy continues to grow in 2018 Growth of 4.0% is expected (Business Brief No.3727) The Thai economy in 4Q17 was buoyed by high growth in exports and tourism, while household consumption started to improve compared to... Read more 0 KB 0 KB 9 Feb 2018 Thai Economy Official launch of EEC: Key to Thailand’s Economic Development (Current Issue No. 2899 Full Ed.) The National Legislative Assembly (NLA) has approved the Eastern Economic Corridor (EEC) bill which is expected to boost investor confidence in large-scale, long-term investments by providing private investors additional incentives, namely non-tax privileges and a speedier process for licensing, in addition to the government's efforts to promote EEC investment through infrastructure projects and tax incentives. ... Read more 0 KB 0 KB 22 Jan 2018 Thai Economy Thai Household Debt May Fall to 77-78% of GDP in 2018 (Current Issue No. 2896) In 3Q17, Thailand's household debt fell from 78.4 percent of GDP – as recorded in 2Q17 – to 78.3 percent of GDP, which could be the res... Read more 0 KB 0 KB 18 Jan 2018 Thai Economy Economy Likely Unfazed by THB5-22 Daily Minimum Wage Hikes Nationwide (Business Brief No.3722 Full Ed.) The National Wage Committee recently agreed to raise the daily minimum wage to THB315.97, on average, or a range of THB308-330 across the... Read more 0 KB 0 KB 12 Jan 2018 Thai Economy Household sentiment toward economy continues to improve for 3 straight months, sending positive signal for private consumption in 1Q18 ... Read more 0 KB 0 KB View all