Tag: SCB

SCB EIC has adjusted its growth forecast for 2023 to 2.6% due to a lower-than-expected Q3 GDP outturn, a significant decrease in government spending, and lower tourist arrivals.

It is expected that growth will be more balanced in 2024 and 2025, supported by domestic demand, the tourism sector, and a recovery in merchandise exports. Inflation is also projected to increase next year in line with the economic recovery ...

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.