‘Recession’ a concern, says Thai business group - News Summed Up

‘Recession’ a concern, says Thai business group


Thailand’s exports are projected to contract this year. “We are concerned about an economic recession,” said Kriengkrai Thiennukul, chairman of the Federation of Thai Industries and a member of the JSCCIB. Poj Aramwattananont, chairman of the Thai Chamber of Commerce and another JSCCIB member, urged the government to monitor gold trading, which can influence foreign exchange rates. In the second quarter of 2025, Thailand’s household debt-to-GDP ratio tallied 86.8%, limiting borrowers’ ability to access new credit and prompting banks to tighten lending criteria. Payong Srivanich, chairman of the Thai Bankers’ Association and a JSCCIB member, said the military strikes in Latin America have raised concerns about global investment flows.


Source: Bangkok Post January 07, 2026 13:47 UTC



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