Standard Chartered Bank’s Chief Economist for the Asia Pacific region updates Thailand’s growth forecast to 2.6% for 2023 and anticipates 3.0% for 2024.
SCB EIC revised Thailand’s 2023 growth forecast to 2.6% due to lower GDP and slow recovery of Chinese tourists. 2024 growth expected at 3.0%, with concerns about slow recovery and uncertainties. The report proposes enhancing policies. Thai policy rate expected to remain at 2.5% throughout 2024. Global economy expected to slow down to 2.5% in […]