{"id":329158,"date":"2025-12-22T03:46:10","date_gmt":"2025-12-22T03:46:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/329158\/"},"modified":"2025-12-22T03:46:10","modified_gmt":"2025-12-22T03:46:10","slug":"bangkok-post-deloitte-forecasts-3-growth-under-stable-government","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/329158\/","title":{"rendered":"Bangkok Post &#8211; Deloitte forecasts 3% growth under stable government"},"content":{"rendered":"<p>                        <img src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/12\/5898714_800.jpeg\"   alt=\"Thailand can accelerate the economic growth to nearly 3% if the stable post-election government implements well-targeted investment policies, says Deloitte Thailand.\" class=\"img-fluid\" loading=\"eager\" fetchpriority=\"high\" decoding=\"async\"\/><\/p>\n<p>                          Thailand can accelerate the economic growth to nearly 3% if the stable post-election government implements well-targeted investment policies, says Deloitte Thailand.                        <\/p>\n<p>Thailand can accelerate economic growth to nearly 3% if it secures a stable post-election government and implements targeted investment policies, says Deloitte Thailand, while reaffirming the nation&#8217;s strong potential to emerge as a regional data centre hub.<\/p>\n<p>Metinee Jongsaliswang, country managing director at Deloitte Thailand, said the firm projects economic growth in 2026 at around 2% under its base-case scenario, factoring in multiple uncertainties beyond the country&#8217;s control.<\/p>\n<p>However, if Thailand succeeds in forming a stable government and adopts investment policies that effectively stimulate economic activity and channel capital into the right sectors, growth could approach 3%, she said.<\/p>\n<p>Government spending must be directed towards projects that enhance long-term economic productivity, particularly data centres and large-scale infrastructure such as roads and mass transit systems. These investments are essential to lifting Thailand&#8217;s growth potential over the medium to long term, said Ms Metinee.<\/p>\n<p>&#8220;At this stage, the most effective tools Thailand has are public investment and foreign direct investment, as these are areas the government can directly influence,&#8221; she said.<\/p>\n<p>Public debt sustainability must be carefully managed, while tourism should continue to act as a supporting growth engine, even though it remains more difficult to control compared with investment-led growth, said Ms Metinee.<\/p>\n<p>However, she warned that political instability could disrupt policy continuity and delay investment decisions, causing Thailand to miss critical opportunities.<\/p>\n<p>The timeline from the election to the formation of a new government could take around 5-6 months, a factor incorporated into Deloitte&#8217;s forecasts.<\/p>\n<p>&#8220;Regardless of which party forms the next government, a clear parliamentary majority would provide greater stability, enabling more decisive policy action and increasing the likelihood of a full four-year term,&#8221; said Ms Metinee.<\/p>\n<p>Government stimulus measures could help improve economic recovery momentum in the second half of 2026, she said.<\/p>\n<p>Globally, Deloitte sees continued headwinds in 2026, with the world economy expected to grow by 2-3%. Trade tensions remain elevated, particularly amid renewed tariff risks and ongoing friction between the US and China, with no clear signs of easing.<\/p>\n<p>Deloitte noted Thailand&#8217;s location is highly suitable for satellite ground operations and is supported by a strong digital network, positioning the country well to serve as a regional data centre hub. The country already has much of the required infrastructure in place.<\/p>\n<p>A viable data centre hub depends on three pillars &#8212; network connectivity, power supply and water resources &#8212; all of which Thailand can provide, significantly increasing its competitiveness in attracting large-scale data centre investments, noted the firm.<\/p>\n<p>Thailand&#8217;s food and beverage, technology and telecom sectors, particularly data and telecom-related businesses, will continue growing in 2026. Healthcare growth may moderate amid a sluggish economy, according to Deloitte.<\/p>\n<p>Sectors facing higher risks include banking and real estate due to rising non-performing loans and tighter financing conditions. In the bond market, non-rated issuers will face difficulties raising corporate funds compared with those with good ratings.<\/p>\n","protected":false},"excerpt":{"rendered":"Thailand can accelerate the economic growth to nearly 3% if the stable post-election government implements well-targeted investment policies,&hellip;\n","protected":false},"author":2,"featured_media":329159,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,128677,1294,25273,80,26542,4654,56,54,55],"class_list":["post-329158","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-deloitte-thailand","tag-economy","tag-election","tag-government","tag-political","tag-thailand","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/329158","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=329158"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/329158\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/329159"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=329158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=329158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=329158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}