India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Australian Household Spending Dips in December as RBA Tightens Policy 
UK Starting Salaries See Strongest Growth in 18 Months as Hiring Sentiment Improves 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Thailand's Export Forecast Holds Steady at 2% Growth for 2024
Thailand’s exports are expected to grow by 2% this year, consistent with previous projections, according to the Thai National Shippers’ Council. The export sector, a critical driver of the country’s economy, saw a year-over-year increase of 1.1% in September.
Positive Outlook for Thailand's Export Sector
Despite a challenging global market, Thailand’s commerce ministry remains optimistic, setting a target for 2% export growth by the end of the year. If achieved, the value of Thailand’s shipments could reach a record high of $290 billion. This steady growth underscores the resilience of Thailand’s export-driven economy amidst shifting global trade dynamics.
Economic Implications of Export Growth
Thailand’s export sector plays a vital role in sustaining the country’s economic health, as exports contribute significantly to GDP. The expected 2% increase is likely to enhance Thailand’s economic stability, with potential benefits extending across various industries. This forecast reflects confidence in Thailand’s trade partnerships and ability to meet global demand despite current challenges in the global economy.
