-openings. However, towards the middle of the year, the rising inflation and continuous increase in energy costs limited private consumption and signaled a global economic slowdown, raising spending concerns
percent. The favorable global economic conditions will continue to support exports and tourism, resulting in positive spillovers to investment in related sectors. At the same time, government spending is
and 4.) other supporting factors, namely government spending to support the low-income citizens and other short-term stimulus packages, as well as private investments to support the increase in
and 4.) other supporting factors, namely government spending to support the low-income citizens and other short-term stimulus packages, as well as private investments to support the increase in
Budget Act and drought. Furthermore, domestic spending may be limited due to weakening purchasing power and hefty household debt. Apart from economic woes, businesses face numerous other challenges that
and helped offset the still lingered at a low level of private investment and contracted in public spending. As the momentum from the above mentions, the Thai economy was expected to improve further
After Strategic Spending (93) 85 (178) 238 (550) Net financial costs (42) (21) (41) (129) (114) 13% Income tax (18) (6) (14) (43) (27) 60% Dividends and Perp interest (59) (8) (42) (132) (97) 35% (3
households. These drivers combined to support growth momentum and helped offset the still lingered at a low level of private investment and contracted in public spending. As the momentum from the above
consumption and public spending continued to grow from the previous quarter. Meanwhile, the private investment is on the path of recovery. As the growth of economics from the above mentions, the Thai economy
Capex (25) (22) (19) (97) (72) 35% Cash Flow After Strategic Spending 21 (93) 188 71 (311) (123)% Net financial costs (23) (42) (26) (126) (121) 4% Income tax (11) (18) (2) (52) (26) 99% Dividends and