Thailand's GDP grew 1.9% in Q2 2026, down from 2.8% in Q1, and economist Burin Adulwattana expects the second half to stay flat. Growth is concentrated in AI and data-centre linked exports and investment, while big-company bank lending rises and small-company lending is still negative. Household demand may weaken as jobs come under pressure, and he sees the government's cost-of-living support as temporary. For an SME, assume tight credit and soft domestic spending through year-end, and plan cash flow and financing with that in mind.