Floods Result in Economic Damage Ranging from 30 to 50 Billion Baht
FTI estimates Northern Thailand floods caused 30-50B baht damage, urging government stimulus for economic recovery.
Summer bookings to Thailand are projected to surge by 95%
Affluent travelers favor iconic cities and emerging spots like Thailand, Slovenia, and the UK, with bookings surging significantly.
Thailand launches first stage of its USD 14 billion stimulus plan
Thailand's $14B stimulus plan aims to boost the economy by giving 45M citizens 10,000 baht each via a smartphone app.
Thai Exports Strengthen, Driven by Electronics Product Cycle Recovery
In Aug 2024, Thai exports rose 7% to $26.18B, driven by electronics and rice, despite higher imports leading to a surplus.
Indonesia consumer outlook: strengthened spending growth ahead as inflation eases
Indonesia's consumer confidence and retail sales are rising, indicating stronger spending in 2024-2025 due to falling inflation.
Thai Chamber Predicts GDP Growth Surge from Digital Cash Stimulus
Thailand's 2024 stimulus program begins, distributing 10,000 baht to vulnerable groups, boosting local spending and GDP growth.
Thai exports grew by 7% year-on-year in August 2024
In August 2024, Thai exports rose 7% YoY, driven by electronics, rubber, rice, and gold, surpassing forecasts despite challenges.
SCB EIC forecasts Thailand’s GDP growth at 2.5% for 2024 and 2.6% for 2025
SCB EIC forecasts Thailand's GDP growth at 2.5% in 2024, inflation at 0.6%, and potential policy rate cuts to 2% by 2025.
