Thailand's economy shows a stark K-shaped recovery, with digital and AI sectors thriving while seven traditional industries (automotive, petrochemicals, construction materials, etc.) face severe competition from foreign goods. Thai SMEs in these sectors have cut output 8% over five years while foreign firms dropped 19%. The private sector council (JPEC) urges the government to upgrade economic data systems and implement targeted relief measures. Meanwhile, rising oil prices (to $95/barrel from $84) and diesel export restrictions are adding pressure on refineries and inflation risks.
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