Economic Intelligence Center Siam Commercial Bank

24 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.
semiconductor chips

Analyzing the global semiconductor industry and potential strategies for Thailand

Thailand has the potential to become a significant player in the semiconductor industry through the relocation of production facilities and increased investments, but Thai companies must embrace change and strengthen their capabilities to adapt to evolving demands.
Flash / Thai exports in September maintained a 2 consecutive months growth, with expectations of continued momentum in Q4/2023

Thai exports in September maintained a two consecutive months growth

Thai exports showed continued improvement in September, marking two consecutive months of growth. Going forward, Thai trade conditions are expected to continue improving, with the anticipation of export growth in 2024.
Flash / Thai exports started to show signs of recovery in August. SCB EIC foresees a reversal towards expansion in 2024

SCB EIC predicts exports expansion by 2024 following rebound in August

The forecast for Thai exports in 2023 was revised to a decline of 1.5%, but a 3.5% expansion is expected in 2024. However, various factors may continue to hinder Thai exports, such as tightened monetary policies in advanced countries and drought conditions.
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.