Petrol prices cut by 0.70 baht per litre as global market softens
S&P maintains Thailand’s credit rating at BBB+
PM hopes US will keep its pledge of special tariff treatment for Thailand
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AI In-briefToday 18:42
PM hopes US will keep its pledge of special tariff treatment for Thailand
Prime Minister Anutin Charnvirakul will remind President Trump at upcoming summits to honor the US pledge of special tariff treatment for Thailand, which was promised after Thailand fulfilled its commitment to a peace agreement with Cambodia.
Trade negotiations with the US are in the documentation scrutiny phase, indicating the Agreement on Reciprocal Trade (ART) terms are finalized in principle, though a formal agreement is still pending, and the tariff rate has returned to 19%.
AI In-briefToday 11:10
S&P maintains Thailand’s credit rating at BBB+
S&P Global Ratings affirmed Thailand's BBB+ credit rating with a stable outlook for 2026, signaling confidence in the nation's economic direction.
The agency projects a 2.3% economic growth rate for 2026, with political stability and government fiscal policies expected to cushion external pressures.
Strategic investments in infrastructure projects like the Eastern Economic Corridor and tax incentives for high-tech industries (data centers, AI) are set to boost Thailand's future competitiveness.
Despite forecasts for increased government debt, Thailand is anticipated to maintain a strong external financial position, including a projected current account surplus of 2.1-2.4% of GDP next year.