Taiwan, Indonesia, and South Korea are the top growth markets.
Thailand must address economic woes and broaden trade ties to handle US tariffs, ex-Commerce and Energy Minister Narongchai Akrasanee said Friday.
Malaysia’s exports accelerated and grew at a much faster than expected pace in March, thanks to strong shipments of electronics, while deliveries to the US surged ahead of a slew of upcoming tariffs.
Advance estimates showed 1Q GDP growth slowing to 3.8% YoY, down from 5% in the previous quarter.
Prime Minister Paetongtarn outlines strategy for US negotiations and discusses ASEAN unity with Malaysian counterpart
The Bank of Thailand (BOT) is likely to lower its 2.5% GDP growth forecast amid rising risks from a US-led global trade war.
Advance estimates showed 1Q GDP growth slowing to 3.8% YoY, down from 5.0% in the previous quarter.
Thailand may reduce agricultural tariffs to zero, increase natural gas imports, and plans to buy more Boeing planes, ensuring equal treatment for all trading partners while protecting local pork producers.