Thailand's growth to slow over next 2 years due to tariffs, minister says

Thailand's growth to slow over next 2 years due to tariffs, minister says

BANGKOK: Thailand's economic growth may slow down over the next two years due to steep US tariffs, but state-owned banks will provide support to exporters and supply chain businesses affected, its finance minister said on Thursday (May 15). "Within the next two years, we should see quite a few stumbles. Th

Thai consumer confidence hits 7-month low in April due to US tariffs

Thai consumer confidence dropped for a third straight month in April, hitting its lowest level in seven months due to concerns over US tariffs and a slow domestic economic recovery, a survey showed on Thursday.

Thai govt scraps 10,000-baht handout, redirects budget to new economic stimulus plan

This decision comes amid escalating global economic uncertainties caused by the trade war and the recent imposition of U.S. tariff measures

Employment difficulties continue due to sluggish consumption and investment… “Tariffs have shown their impact, but they are doing better than expected” The government diagnosed that downward pressure on our economy is still present due to worsening external conditions and delayed recovery in domestic demand. Exports are expected to decline as the impact of the US tariffs is revealed.

Thailand's tourist trade rocked by tariff-ic blow

Thailand’s tourist trade rocked by tariff-ic blowLegacyThailand’s tourist trade is feeling the heat, not from the sun, but from a chilly global economy and punishing US tariffs that are sending shockwaves all the way to Bangkok’s hotel lobbies. Thailand’s hotel sector is bracing for a rough ride as fewer foreign visitors and shrinking wallets threaten to slash spending, spark price wars and pile pressure on operators, both at home and abroad. Th…

Thai consumer confidence hits seven-month low in April due to US tariffs

Thai consumer confidence dropped for a third straight month in April, hitting its lowest level in seven months due to concerns over US tariffs and a slow domestic economic recovery, a survey showed on Thursday (May 15).