KKP Research raised its 2026 Thai GDP forecast to 2.5% (from 2.1%) and 2027 to 2.7%, driven by AI-related investment, exports and tourism. The recovery is uneven: electronics and data-centre supply chains are growing while autos, petrochemicals and domestic SMEs facing imported goods are under pressure. KKP expects the Bank of Thailand to hold policy rates through end-2027, and says the 400-billion-baht loan programme should show clearer effects in 2027. For an SME: plan for weak demand in traditional segments, watch import competition in your product line, and don't assume rate hikes are coming soon.