Finance ministry projects 3% growth for Thai economy in the upcoming year

Finance ministry projects 3% growth for Thai economy in the upcoming year

Thailand’s economy is projected to expand by 3% in 2025, driven by factors such as private consumption, exports, investment, and tourism, according to the finance ministry. The country, which is the second-largest economy in Southeast Asia, is expected to grow by 2.7% this year, a forecast that remains unchanged. In 2021, Thailand’s growth was recorded … Read more

Bank of America projects strong consumer activity during holiday season and beyond 2025

Bank of America projects strong consumer activity during holiday season and beyond 2025

American consumers emerged as the unsung heroes of the economy in 2024, keeping it steady despite challenges from inflation and high Federal Reserve rates. Analysts had anticipated a breaking point for consumers due to these factors, which could have led to job losses and slowed growth. However, consumers proved to be resilient throughout the year, … Read more