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Thai business leaders to discuss economic measures with central bank



Business leaders in Thailand are set to meet with the Bank of Thailand governor on November 14 to discuss new financial measures aimed at revitalising the sluggish economy, which could face further challenges post-US presidential election. The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) expressed concerns over potential impacts on exports due to higher tariffs when Donald Trump takes office in January. The committee emphasised the need for fresh economic measures beyond existing state spending to mitigate uncertainties. The JSCCIB forecasts GDP growth of 3% in 2025, aided by state stimulus, with potential for 3.5% growth if complemented by central bank policies. Industry representatives will also seek assistance for car sales and easing auto loan criteria amid rising household debt.

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