Thai economy seen growing 3.0% in 2025: finance ministry

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Bangkok Post 15h ago

Thai economy seen growing 3.0% in 2025: finance ministry - Bangkok Post

Quick Summary:

Thailand's economy is expected to grow 3.0% this year, led by increased tourism, exports and private consumption, the finance ministry said on Thursday, unchanged from a previous forecast.

But domestic sales hit a 15-year low due to tightening credit conditions and slow exports have dampened the industry with production reaching a four-year low in 2024.

Investments this year will improve after more incentives are rolled out to draw in foreign investors, especially in cloud services and data centres, he said.