Skyline of Bangkok

Thai businesses advised to prepare for global economic reset

The Thai private sector should brace for a global economic reset, amidst the uncertainty over geo politics and the changing political landscape, which will lead to a multi-polar world order and the advent of artificial intelligence (AI), warned Dr. Phatcharaphot Nuntramas, first executive vice present and chief economist of the state-run Krungthai Bank.

Prayut Stresses Cooperation At UNEP@50

Citing the assessment of the Thai economy this year by Krungthai COMPASS, the bank’s research centre, he said that Thailand’s economic growth this year will be around 2.7%, while export growth is estimated at just 1.8% due to the economic slowdown in Thailand’s main trading partners, especially in the United States and China, which is affecting Thailand’s industrial sector.

Full story: thaipbsworld.com

By Thai PBS World

Facebook Notice for EU! You need to login to view and post FB Comments!
TN

The main purpose of Thailand News is to offer our readers all news from the most popular and trusted newspapers in Thailand & Asia in one place.

Get breaking news and the latest news headlines from Bangkok, Phuket, Pattaya, Chiang Mai, Northern Thailand, Isan, the insurgency-plagued South and Asia.

You May Also Like

More From Author

+ There are no comments

Add yours