Thailand’s central bank cautioned against broad consumption stimulus, saying such a move could constrain fiscal flexibility as the economic fallout from the Middle East conflict continues to unfold.
The Bank of Thailand complex that houses the learning center, museum and offices in Bangkok, Thailand, on Friday, March 29, 2024. Thailand’s Prime Minister Srettha Thavisin urged the central bank again to cut interest rate, citing the “fragile” state of the economy and a string of negative inflation readings in recent months.
A heat wave sweeping across Southeast Asia is making offices even warmer, as workers continue to adjust to energy-saving measures put in place by governments due to the war in Iran.
People sit in the shade on the rooftop garden at Dusit Central Park, facing the Bangkok skyline, on March 24, 2026.
Former Thai Prime Minister Srettha Thavisin called for a rise in the nation’s public debt ceiling to both cushion against the effects of the Middle East conflict and revive long-term growth.
Srettha Thavisin Photographer: Andre Malerba/Bloomberg
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