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Economy
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Tax Deduction for Solar Rooftop Installation Resonates with Consumers but Requires Supplementary Measures
On June 24, 2025, Thailand’s Cabinet approved a tax deduction of up to 200,000 baht for residential solar rooftop installations. While the measure aims to promote solar energy investment, significant barriers like financing, trust, and permitting challenges still hinder adoption.
SCB EIC expects additional two rate cuts this year, bringing the rate down to 1.25% by year-end, despite MPC’s upward re…
The MPC decided to maintain the policy rate at 1.75%, citing effective past cuts and economic support needs. Thai GDP growth projections for 2025 are revised upward to 2.3% YOY, while inflation and credit growth concerns persist amid high uncertainty.