JSCC raises 2026 GDP target to 2.1-2.5%

Post Today•Economy•2h ago

Reader Briefing

The Joint Standing Committee on Commerce, Industry and Banking (JSCC) has revised Thailand's 2026 GDP growth forecast upward to 2.1-2.5%.

•JSCC increased the 2026 GDP forecast to 2.1-2.5% from the previous 1.6-2.0%.
•Export growth forecasts were raised to 12%-16% from 8%-10%.
•JSCC appointed a Data center working group to maximize benefits for Thailand.
•The Bangkok Business Summit 2026 will be held on September 3, 2026, at the Queen Sirikit National Convention Center.

•JSCC adjusted the 2026 GDP projection to 2.1%-2.5% due to higher-than-expected expansion in exports and private investment.
•JSCC noted that conflict in the Middle East has increased global energy price pressure, with crude oil reaching 95 USD/barrel in early September 2026.
•JSCC proposed that the government relax diesel export restrictions to maintain the industrial supply chain and balance production.
•JSCC has monitored Thailand's K-shape Economy since June 2026, finding growth concentrated in New Economy businesses like computers and semiconductors.
•Thai SMEs in 7 industries under Reinvent Thailand saw production decrease by an average of 8% over the past 5 years.
•JSCC appointed a Data center working group to drive vertical integration and create an ecosystem from upstream to downstream.
•JSCC and partners will organize The Bangkok Business Summit 2026 on September 3, 2026, at the Queen Sirikit National Convention Center.

Full article content is available on the original source.

Joint Standing Committee on Commerce, Industry and Banking(คณะกรรมการร่วมภาคเอกชน 3 สถาบัน)

A joint committee consisting of the Thai Chamber of Commerce, the Federation of Thai Industries, and the Thai Bankers' Association.

JSCC(กกร.)

The abbreviated name for the Joint Standing Committee on Commerce, Industry and Banking.

Thai Chamber of Commerce(สภาหอการค้าแห่งประเทศไทย)

One of the three constituent institutions of the JSCC.

Federation of Thai Industries(สภาอุตสาหกรรมแห่งประเทศไทย)ℹ️

One of the three constituent institutions of the JSCC.

Thai Bankers' Association(สมาคมธนาคารไทย)

One of the three constituent institutions of the JSCC.

Office of Industrial Economics(สำนักงานเศรษฐกิจอุตสาหกรรม)

An agency JSCC suggests linking data from to reform economic indicators.

NESDC(สภาพัฒน์)

An agency JSCC suggests linking data from to reform economic indicators.

Social Security Office(สำนักงานประกันสังคม)

An agency JSCC suggests linking data from to reform economic indicators.

BOI

The organization that approved PCB investment.

Phayong Srivanich(นายผยง ศรีวณิช)

Chairman of the Thai Bankers' Association and Chairman of JSCC.

Poj Aramwattananont(ดร.พจน์ อร่ามวัฒนานนท์)

Chairman of the Thai Chamber of Commerce and the Board of Trade of Thailand who served as a joint chairman in the meeting.

Pimchai Lee-issaranukul(นางพิมพ์ใจ ลี้อิสสระนุกูล)

Chairman of the Federation of Thai Industries who served as a joint chairman in the meeting.

Reinvent Thailand

A framework encompassing 7 industries where Thai SMEs have seen production decreases.

Queen Sirikit National Convention Center(ศูนย์การประชุมแห่งชาติสิริกิติ์)ℹ️

The venue for The Bangkok Business Summit 2026.