Tag: SCB

In February 2026, Thai exports grew 9.9%YOY, driven by electronics and the US market, while imports surged 31.8%YOY. Middle East conflict and US tariffs pose risks, potentially worsening Thailand’s trade deficit.

The power generation sector will be pivotal in helping Thailand achieve its Net Zero 2050 goals, as electricity production is projected to become the country's largest source of greenhouse gas emissions by 2024, contributing 38% of the total emissions.

SCB EIC predicts 2–6 weeks disruption in Strait of Hormuz, raising Brent oil to $75–$107/bbl, causing slower Thai growth, rising inflation, supply risks

The Middle East conflict has disrupted oil markets, risking inflation in energy-dependent Thailand. Rising fuel, freight costs will hit businesses and households. Policymakers must balance subsidies, enhance energy security, and promote efficiency to mitigate impact.

The MPC cut the policy rate to 1% to ease financial conditions, support SMEs, and anchor inflation expectations, citing fragile growth, downside inflation risks, tighter SME credit, and emphasizing structural reforms beyond monetary policy. MPC Cuts Policy Rate to 1.0% ...

SCB EIC raises Thailand's 2026 economic growth forecast to 1.8% due to improved exports and private investment. However, growth remains below potential amid geopolitical and domestic challenges.

The U.S. will impose a 25% tariff on certain advanced AI chips from January 2026 to boost domestic manufacturing, impacting the global semiconductor supply chain and prompting strategic adjustments in Thailand's electronics sector. U.S. Imposes 25% Tariff on Advanced AI ...

In November 2025, Thai exports grew 7.1% YoY, driven by electronics and US demand, while imports surged 17.6%, causing a large trade deficit; exports may contract in 2026 amid global and tariff pressures.