from 1.0 percent in 2019. Private consumption will likely remain subdued from the elevated household debt. Fiscal stimulus, an accommodative monetary stance and clarity in the government’s implementation

Minister particularly his policy stance on developing community power plant and regulating LNG imports by private sectors. Ft adjustment: the Energy Regulatory Commission (ERC) announced the decrease of the

maintain its tightening monetary stance through hikes in its policy rate, along with cutbacks in its balance sheet. Meanwhile, the European Central Bank and the Bank of Japan may be considering the right

several other central banks in Asia gradually adopted a more accommodative stance in response to the weakening global economy amid looming risks. The US central bank cut its policy rate to 2.00-2.25 percent

consumption by industrial sector decreased by 1.7% due to the economic slowdo wn of the main trading partners, as well as the more cautious stance of the financial institutions in granting loans, resulting in

accommodative stance relatively intact in light of easing inflationary pressures amid weakening oil prices in the global market. In Thailand, economic growth for 2019 is expected to decelerate to a range of 3.5