Banking

SCB EIC predicts CLMV economies to slow down in 2025 due to global economic factors and Trump 2.0 policies, but domestic demand and ASEAN growth will support growth. Country-specific factors will shape economic prospects, with Vietnam expected to have the strongest growth. Trade and investment between Thailand and CLMV are also expected to increase.

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.