Thai Banks: GDP '68 to rise 2.5%, boosting confidence

Thansettakij•Economy•16h ago

Reader Briefing

The Thai Banks Association projects a robust 2.5% GDP growth for 2025, surpassing expectations and signaling strong economic recovery.

•The Thai Banks Association predicts GDP growth of 2.5% for the year 2025, exceeding initial forecasts.
•This growth is attributed to effective government economic policies and close private sector collaboration.
•Key initiatives like 'Quick Big Win' and 'Reinvent Thailand' are credited with stabilizing the short-term economy and laying long-term foundations.
•The focus is shifting from merely maintaining growth to building sustained trust and confidence in the Thai economy.

•The Thai Banks Association projects GDP growth of 2.5% for the year 2025, exceeding expectations.
•The government's economic policies are praised for their professionalism and effectiveness, especially in short implementation periods.
•The 'Quick Big Win' measures have been instrumental in supporting the short-term economy and establishing long-term foundations.
•The Thai Banks Association emphasizes that the current challenge is to continuously build trust and confidence in the Thai economy, not just maintain growth rates.
•Businesses are prioritizing clarity in government formation, timely budget approval for 2027, and efficient public spending to sustain economic momentum.
•The Thai Banks Association, Thailand's Industrial Council, and the Thai Chamber of Commerce are advancing the PromptBiz project to reduce supply chain trade costs.
•The article notes the effectiveness of experienced professionals in government, citing Dr. Ekkasiti Nitithanprapas, Khun Supajee Suthamphant, and Khun Srichai Phutketkaew, in navigating economic volatility.
•Economic momentum from late 2025 is expected to lead to positive surprises continuing into 2026, serving as a crucial starting point for systematic structural issue resolution.

Full article content is available on the original source.

Phayong Sriprasert

"The key challenge from here is not just maintaining growth rates, but continuously building trust and confidence in the Thai economy."

โจทย์สำคัญจากนี้ไม่ใช่เพียงการรักษาอัตราการเติบโต แต่คือการสร้าง Trust and Confidence ต่อเศรษฐกิจไทยอย่างต่อเนื่อง

Phayong Sriprasert

"The economic momentum at the end of 2025 is believed to create continuous positive surprises into 2026."

โมเมนตัมเศรษฐกิจปลายปี 2025 เชื่อว่าจะสามารถทำให้เกิด Positive Surprise ต่อเนื่องมาในปี 2026

Thai Banks Association(สมาคมธนาคารไทย)

An organization that analyzes and forecasts economic growth for Thailand, involved in promoting financial inclusion.

The Federation of Thai Industries(สภาอุตสาหกรรมแห่งประเทศไทย)

An industrial council collaborating on projects to reduce trade costs and improve financial liquidity for businesses.

The Thai Chamber of Commerce(สภาหอการค้าแห่งประเทศไทย)

A chamber of commerce collaborating on projects to reduce trade costs and promote financial inclusion in the economic system.

Phayong Sriprasert(นายผยง)

A key speaker and executive within the Thai banking sector, discussing economic performance and confidence.

Dr. Ekkasiti Nitithanprapas(ดร.เอกนิติ นิติทัณฑ์ประภาศ)

An individual cited for their professional experience and effective management within the government, contributing to economic progress.

Khun Supajee Suthamphant(คุณศุภจี สุธรรมพันธุ์)

An individual cited for their professional experience and effective management within the government, contributing to economic progress.

Khun Srichai Phutketkaew(คุณสีหศักดิ์ พวงเกตุแก้ว)

An individual cited for their professional experience and effective management within the government, contributing to economic progress.