World Economy

Thailand Growth Outlook Brightens as Factory Activity Accelerates

Thailand's economic forecasts are being raised following revised factory data showing stronger manufacturing activity. The upswing is concentrated in data center construction and related industrial sectors. Analysts note the demand surge is narrowly focused, with only a handful of sectors driving growth. Tariff policies have failed to deliver anticipated benefits, with trade deficits widening despite efforts to attract foreign investment. Port operators are also tempering expectations. Industry surveys show that infrastructure investments have yet to translate into measurable financial gains. The recovery remains uneven, reflecting persistent economic challenges in the region even as pockets of strength emerge.