Post by account_disabled on Dec 30, 2023 13:25:57 GMT 8
Bualuang Fund Assessing the direction of the Thai economy this year, it will expand by 2.8%, while the baht value is expected to move in the range of 29-31 baht. Investors must be ready to face challenges all around, while the world economy this year It is expected that the expansion will be lower at 3-3.3% due to increased uncertainty. Both trade tensions and geopolitical issues As for political tensions between the United States And Iran should begin to relax. It is good for the market direction. Dr. Mingkwan Thongpruksa, Chief Economist of Bualuang Asset Management Company Limited or Bualuang Fund, revealed that Bualuang Fund It is expected that the Thai economy for the whole year 2020 will expand by 2.8%, with the economy having to face challenges in all areas. both from domestic consumption that probably will not expand much because it was affected by the drought problem.
Declining agricultural income including high debt burden causing purchasing Job Function Email Database power to continue to decrease export section It may be better than last year from a low base. But it probably won't expand much. Therefore, public investment is an important driving force of the economy this year. 2 As for the issue of the conflict between the United States and the United States. and Iran that happened As for the issue of the conflict situation between the United States and Iran that happened It will have an impact on oil prices. But as the situation begins to improve in a better direction, Brent oil prices are likely to run at a level not exceeding 70 US dollars per barrel, resulting in Thailand's inflation rate likely to remain below 1.0%. that Thailand's net exports may be somewhat affected by oil prices but at a limited level Except the tension has risen again. For the direction of the baht value this year Bualuang Fund It is estimated that it will move in the range of 29-31 baht. Factors that may cause the baht to depreciate slightly more than the current level of above 30 baht will come from: 1. The trade balance will not be as good as last year. 2. Geopolitical risks that will increase the demand for the US dollar and 3. Inflation rates may increase. Under the assumption that oil prices will increase.
If the situation between the United States and Iran are protracted. Dr. Mingkwan said that the world economy this year will probably expand by 3.0%-3.3%, which is a slower growth rate. This is a result of the global industrial sector shrinking. Trade and geopolitical tensions are also variables that create more uncertainty in the global trade system. If we want to drive the global economy to grow further this year, we must rely on loose monetary policy. To reduce the impact of tensions in the financial market and economy Important factors affecting the world economy this year include 4 factors: 1) Trade negotiations between the United States and China that are currently underway. This will help ease market concerns in the short term. But from the event that the trade negotiations changed direction quickly, which happened from the end of 2018 to the first half of 2019, as a result, the Bualuang Fund's BF Economic Research team has not ruled out the possibility that the trade negotiations will change. change direction quickly Because trade negotiations.
Declining agricultural income including high debt burden causing purchasing Job Function Email Database power to continue to decrease export section It may be better than last year from a low base. But it probably won't expand much. Therefore, public investment is an important driving force of the economy this year. 2 As for the issue of the conflict between the United States and the United States. and Iran that happened As for the issue of the conflict situation between the United States and Iran that happened It will have an impact on oil prices. But as the situation begins to improve in a better direction, Brent oil prices are likely to run at a level not exceeding 70 US dollars per barrel, resulting in Thailand's inflation rate likely to remain below 1.0%. that Thailand's net exports may be somewhat affected by oil prices but at a limited level Except the tension has risen again. For the direction of the baht value this year Bualuang Fund It is estimated that it will move in the range of 29-31 baht. Factors that may cause the baht to depreciate slightly more than the current level of above 30 baht will come from: 1. The trade balance will not be as good as last year. 2. Geopolitical risks that will increase the demand for the US dollar and 3. Inflation rates may increase. Under the assumption that oil prices will increase.
If the situation between the United States and Iran are protracted. Dr. Mingkwan said that the world economy this year will probably expand by 3.0%-3.3%, which is a slower growth rate. This is a result of the global industrial sector shrinking. Trade and geopolitical tensions are also variables that create more uncertainty in the global trade system. If we want to drive the global economy to grow further this year, we must rely on loose monetary policy. To reduce the impact of tensions in the financial market and economy Important factors affecting the world economy this year include 4 factors: 1) Trade negotiations between the United States and China that are currently underway. This will help ease market concerns in the short term. But from the event that the trade negotiations changed direction quickly, which happened from the end of 2018 to the first half of 2019, as a result, the Bualuang Fund's BF Economic Research team has not ruled out the possibility that the trade negotiations will change. change direction quickly Because trade negotiations.