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Economy
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Highlights from the Business at OECD General Assembly 2025: Delivering Prosperity Through Economic Cooperation
The BIAC General Assembly 2025 in Paris focused on global business challenges. Thailand’s JSCCIB attended as an observer member, emphasizing the importance of OECD cooperation. Recommendations included enhancing competitiveness, promoting innovation, and fostering open markets. Thailand aims to align with OECD standards to strengthen its economy.
SCB EIC Sees Possibility of Further Rate Cut This Year
The MPC lowered the policy interest rate to 2.0% due to weaker-than-expected economic growth in Thailand, particularly in the manufacturing sector facing competition from foreign goods. Downside risks also stem from U.S. trade policies. Tight financial conditions and lower GDP growth projections for 2025 were noted.
