Fitch raised Thailand's credit outlook from Negative to Stable, and ADB raised its 2026 GDP forecast to 2% (from 1.8% in July) on stronger exports and private investment. Inflation fell to 2.5% from 2.9%, so the central bank's policy rate is expected to stay at 1% for a while. For 2027, ADB expects inflation near 1.3% as energy prices ease, but flags trade tensions, tighter fiscal room, and a possible El Niño hit to agriculture in mid-2027. Household and public debt remain high, and growth is uneven (K-shaped), so SMEs in lagging segments should plan for tighter credit and weaker demand rather than assume a broad recovery.