Tag: economy

Southeast Asia’s promising economic momentum from the second quarter of 2025 proved short-lived, with the third quarter delivering a notably softer and highly divergent performance across the region, according to the latest Quarterly Economic Review from McKinsey & Company.

Thailand faces a major trade challenge as Trump imposes a 25% tariff on steel and aluminum imports, impacting export-driven economies.

The ASEAN+3 region is resilient, forecasted to grow by 4.2% in 2025, driven by strong domestic demand and technology sector growth. Risks include US policy shifts and global commodity price spikes.

The Thai government plans to finalize free-trade agreements (FTAs) with all European Union (EU) member states by the end of this year, Prime Minister Paetongtarn Shinawatra announced.