the same period last year, reflecting the concentration of domestic demand. This, combined with structural factors such as the expansion of the global value chain and e-commerce, increased the

as the rise of e-commerce and growing global supply chains, both of which limited the pricing power of domestic firms. As a result, Thailand’s nominal GDP increased by 6.3 percent, leveling at Baht

in gains on trading and foreign exchange transactions, gains on investments, and net fees and service income mainly attributed to a rise in fee income from bancassurance and mutual funds. The Bank’s

net interest margin of 2.38 percent, and an increase of 15.7 percent in non-interest income contributed by increases in gains on trading and foreign exchange transactions, gains on investments and net

is expected to moderate to 3.8 percent on the back of slower exports amid several external challenges: uncertainties over US trade policies and retaliatory measures by major trading partners, the risk

, trading and construction. Demand for consumer loans is likely to increase in the credit card sector, while demand for housing loans and other personal loans will be stable. Demand for auto-leasing will tend

higher uncertainty, especially from foreign countries. In addition, the MPC raised concerns over the Baht’s increasing strength compared with the currencies of trading partners and competitors saying

, however, net fees and service income and gains on tradings and foreign exchange transactions declined. Net interest income rose by Baht 291 million or 1.8 percent. However, operating expenses rose by Baht

increased their production efficiency. In the past, location was the main factor to the survival of businesses. However, today, mobile access, e-commerce and logistics are important factors. Traditional SME

sectors. Tourism was heavily affected by airspace and border closures, while merchandise exports fell sharply as demand from major trading partners fell, impacting both manufacturing production and domestic