29 Apr 2024
Thai Economy
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15 May 2023
Tourism will continue to be a key economic driver ahead despite the risk of global economic slowdown and uncertainty towards the formation of a new Thai government. KResearch maintains its growth forecast for the Thai economy in 2023 at 3.7%. ... Read more
Implementation of new economic policies promoted in election campaigns would have positive short-term impact on GDP growth, while leading to the challenge of an increased fiscal burden.... Read more
10 May 2023
9 May 2023
26 Apr 2023
11 Apr 2023
Fiscal measure via funds transfer... Read more
10 Apr 2023
KR-ECI fell in March 2023; Thai households were more concerned about their debt burden ... Read more
7 Apr 2023
Thailand’s looming super-aged society presents a formidable challenge for business sector and new government... Read more
3 Apr 2023
30 Mar 2023
Thai exports in 2023 may see a deeper contraction of 1.2 percent, affected by the global economic slowdown... Read more
2 Mar 2023
Thai exports contracted for the fourth consecutive month in January 2023, by 4.5 percent YoY, due to ongoing pressure from the global economic slowdown ... Read more
20 Feb 2023
Thai economy grew less than expected in 4Q22. KResearch, however, maintains our 2023 growth forecast for the Thai economy at 3.7%, supported chiefly by tourism even as Thai exports will likely be pressured by the slowing global economy... Read more
13 Feb 2023
KR-ECI in January 2023 improved, driven by the Thai economic recovery, with Thai households’ improved perception towards income and employment. However, households minimized spending, such as refraining from buying luxury items and reducing energy consumption, amid high cost of living... Read more
25 Jan 2023
Alternatives for the business sector to consider in addressing ESG issues... Read more
20 Jan 2023
In 2023, countries around the world are grappling with economic uncertainty and stagnation, which may in turn affect sustainability or ESG operations of the business sector. ... Read more
13 Jan 2023
Around 25.5 million foreign tourists set to visit Thailand and Thai exports projected to shrink only 0.5% in 2023, thanks to China’s early reopening while global inflation may decline slower than expected ... Read more
12 Jan 2023
Based on its survey findings, KResearch views that Chinese New Year in 2023 will likely see brighter prospects compared to last year, driven by the easing of the COVID-19 situation and the “Shop Dee Mee Khuen” (shop and payback) scheme. However, consumers’ spending behavior must be adjusted to accom... Read more
27 Dec 2022
Thailand’s export growth has slowed down substantially during 2H22 due to a number of factors. These include the high base of 2H21 and a noticeable weakness in demand seen in various export markets. As a result, Thai shipments contracted for the second consecutive month in November 2022 by 6.0 perce... Read more
23 Dec 2022
The US Department of Commerce announced the results of its preliminary investigation, finding that some Chinese manufacturers had established production bases in four ASEAN countries, including Thailand, in order to circumvent US anti-dumping and countervailing duty (AD/CVD) measures. If fin... Read more