Thailand Unveils Measures to Shield Firms From Trade War Fallout

Thailand unveils measures to shield firms from trade war fallout

Thailand will offer bigger tax incentives to small and medium businesses at risk of being squeezed by US tariff threats, as the Southeast Asian nation unveiled a raft of measures to minimise the blow to its economy from the trade war.

Thailand Unveils Measures to Shield Firms From Trade War Fallout

(Bloomberg) — Thailand will offer bigger tax incentives to small and medium businesses at risk of being squeezed by US tariff threats, as the Southeast Asian nation unveiled a raft of measures to minimize the blow to its economy from the trade war.

Thai govt to revamp economic policies amid global trade challenges

BANGKOK, May 19 — The Thai government has announced plans to review its policies and projects in response to global economic volatility caused by trade wars and tariff policies imposed by major powers. Thai Government spokesperson Jirayu Huangsub said Prime Minister Paetongtarn Shinawatra chaired a policy committee meeting on economic stimulus projects to discuss measures to address these challenges. He noted that the ongoing trade war and tarif…

Thailand slashes growth forecast on export impact of trade war

Thailand significantly lowered its forecast for economic growth this year as the global trade war undercuts private investment and exports, adding to already-weak consumption at home.

The uncertainty about the repercussions of the Trump administration’s new policy is so strong that economic forecasting experts don’t just come up with...