Economic Intelligence Center Siam Commercial Bank

17 posts
EIC or Economic Intelligence Center, a unit of Siam Commercial Bank Public Company Limited, is established to provide business executives with valuable insights for effective decision making.
Export growth better-than-expected in December 2020. However, amid the second wave of COVID-19 infections, exports could fall below previously forecasted levels in 2021.

Export growth better-than-expected in December 2020

Export growth better-than-expected in December 2020. However, amid the second wave of COVID-19 infections, exports could fall below previously forecasted levels in 2021.

EIC cuts Thai economic forecast for 2021 to 2.2% as the COVID-19 outbreak resurfaced

The recurring waves of the COVID-19 pandemic in various countries, including Thailand, will directly slow the pace of Thai economic recovery in 2021. As such, EIC revises the Thai GDP forecast down to 2.2%

COVID-19 increased global demand and export for medical gloves in Thailand and Malaysia

COVID-19 pandemic has generated high demand for medical gloves. Malaysia is globally the biggest producer of medical glove with production capacity of 125,000 million pieces per annum.
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How the spectrum price affects 5G development in Thailand?

A reasonable spectrum price is, therefore, a key concern for NBTC as it needs to balance between government benefits from the spectrum license fee and affordable price for mobile operators.

Exports contracted by -2.1%YOY in June, or -8.7% without Gold

With the exception of military arms and weapons reshipment to the USA in February, Thai exports value has shrunk continuously for the past 8 months, and the first half of 2019 showing a decline of -4.4%YOY.