Tisco ESU raised its 2026 Thai GDP forecast to 2.1% from 1.8%, driven by exports, private investment and electronics demand, but expects growth to slow to 2% in 2027 as living costs and energy prices weigh on domestic demand. It expects the Bank of Thailand to hold the policy rate at 1% until at least mid-2027 and the baht to weaken to 34.50 per dollar by end-2026. For a small business: plan for steady export-linked demand this year, tighter domestic spending next year, and a weaker baht that may help exporters and raise import costs. The unit also warns a rapid rise in US bond yields could trigger a market correction; it is a forecast, not a guarantee.
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