Call for more stimulus to revive flagging economyListen to this articleMr Wilson is pushing for targeted stimulus schemes. Barring unanticipated domestic or international developments, the Thai economy will likely be weaker in 2026 than last year, said Thomas Wilson, country manager, president and chief executive of Allianz Ayudhya Assurance. In addition, both the export and tourism sectors are challenged by the global slowdown, Mr Wilson said. "A lower monetary policy rate is likely to only weakly stimulate private consumption and investment given the high level of private indebtedness and uncertain economic outlook," said Mr Wilson. In addition, attracting foreign headquarters may make Bangkok a rival for a diminished Hong Kong and increasingly expensive Singapore, said Mr Wilson.

Source: Bangkok Post January 04, 2026 23:34 UTC