SCB EIC anticipates that the MPC still has room to lower the policy rate again next year.
The MPC maintained the policy rate at 2.25%, aligning with SCB EIC’s projections. Economic challenges are expected to increase due to global competition and uncertainties from major economies. Inflation is projected to return to the target range. The MPC shows limited concern over credit growth slowdown.
ASIA FRUIT LOGISTICA Announces CHINA MEET UP and Exciting New Events!
Asia’s premier fresh produce trade show, ASIA FRUIT LOGISTICA, announces two China events (CHINA MEET UP and CHINA STUDY TOUR) in September 2025, after the main event. Held in Guangzhou, CHINA MEET UP will provide networking and business opportunities. The event highlights Guangzhou’s role as a key trade hub.
Exploring Surin and Si Sa Ket: Thailand’s Cultural and Natural Wonders
Surin and Si Sa Ket in northeastern Thailand provide rich cultural experiences, historical Khmer temples, vibrant festivals, and stunning landscapes. Known for the Elephant Round-up Festival and exquisite silk in Surin, and UNESCO-listed Prasat Khao Phra Wihan in Si Sa Ket, both provinces boast delectable Isan cuisine and beautiful natural sites, ideal from November to February.
Exports in November Remain Strong, but SCB EIC Foresees Trade War Pressures Impacting Thai Exports in the latter half of…
Thai exports in November grew by 8.2%, reaching USD 25.6 billion, exceeding forecasts. Exports were driven by electronics demand, high gold exports, and recovery in certain manufacturing sectors. Exports to China increased significantly, but overall export markets slowed down. Thailand’s trade balance returned to a deficit and SCB EIC projects continued export growth for 2024, but challenges may arise in 2025 due to trade wars.
Thailand in January 2025: A Month of Festivals and Cultural Wonders
Kick off January 2025 by immersing in Thailand’s rich cultural scene through vibrant festivals and events. Highlights include the Bangkok Art Biennale, Borsang Umbrella Festival, and Buriram Marathon. Experience natural wonders like Udon Thani’s Red Lotus Sea and cultural treasures such as the Mini Light & Sound show at Phimai Historical Park.
Amazing Thailand Countdown 2025: Welcoming the New Year with Unforgettable Celebrations
The Amazing Thailand Countdown 2025 in Bangkok features vibrant celebrations along the Chao Phraya River, showcasing cultural performances, live music, and fireworks. Led by the Tourism Authority of Thailand, the event promotes sustainable tourism and celebrates Thailand’s cultural richness, aiming to establish the country as a top global festival destination.
Outlook Quarter 4/2024
SCB EIC downgraded the global economic forecast for 2025 due to geopolitical tensions and trade protectionism by Trump 2.0. Uncertain monetary policies are expected, with the US Fed being cautious. Thailand’s economy may expand in Q4 but face challenges from Trump 2.0 in the second half of 2025.
