surplus impacting exporters’ revenue in Baht terms and negating the positive impacts from the domestic economic expansions. Additionally, trade policies of the United States and relating countries still
with the temporary maintenance closure of some oil refineries in the last quarter of the year. Nevertheless, the current account remained in surplus with the value of imports contracted at a greater rate
negatively impact export and investment 3) Less surplus of Thailand’s current account due to rising oil price from geopolitical risk especially in the Middle East and 4) Normalizing of interest rates
household debt, that leads to low level of consumption 2) Escalating trade tension between US and the rest of the world, which could negatively impact export and investment 3) Less surplus of Thailand’s
export and investment 3) The increase in oil prices due to geopolitical tension, particularly in the Middle East, which negatively impact the current account surplus as well as leading to higher inflation
project group has also been heavily affected as the consumers have put off decision for purchasing new homes as there are surplus of available and completed housing projects ready for sales. In addition
inflows into Thailand thanks to its economic stability, as evidenced by an ongoing current account surplus – albeit at a decelerating rate amid the global trade slowdown, as well as the relentless rise of
may result in ongoing financial market volatility, perhaps leading to capital outflows. Still, Thailand’s healthy fundamentals, as evidenced by low foreign debts, high current account surplus and
used this period to grow its production substantially over these past 5 years. However, in order to not add to the core cause of declining industry margins which were due to surplus capacity, IVL, unlike