Standard Chartered upgraded Thailand's 2026 GDP growth forecast from 1.4% to 1.6%, driven by government cost-of-living relief measures. The bank sees potential upside to 2% if Q2 GDP data comes in better than expected, and notes further upside risks from continued relief programs and tourism recovery. However, Q4 outlook remains uncertain pending the 2027 budget and potential end of relief measures. Interest rates expected to stay at 1.0% given low inflation (1.9% forecast) and softening global rate-hike pressure.