0359 GMT - Thailand's economic growth headwinds still persist despite the government's recent fiscal package, UOB economists say in a note. Domestic demand remains uneven, while energy-shock risks weigh on consumer sentiment and employment. The new co-payment scheme, which aims to ease the cost of living and stimulate the local economy, should be seen as a targeted fiscal shock absorber rather than a classic demand-boosting stimulus. UOB maintains Thailand's GDP growth forecastat 1.5% in 2026 and 2.4% in 2027, compared 2.4% expansion recorded in 2025. (amanda.lee@wsj.com)
(END) Dow Jones Newswires
May 27, 2026 23:59 ET (03:59 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.