|This event occurs in the past.|
|Date & Time:||16-Feb-2018 17:00|
|Location:||[Login Required to view Location]|
|Member Cost:||THB 0.00|
Please join BCCT Eastern Seaboard for a Briefing entitled "2018 Global Outlook: Thailand – Where We Differ from Consensus, and Why."
Speaker: Tim Leelahaphan, Economist, Standard Chartered Bank
Standard Chartered Bank has three non-consensus views on Thailand. First, we expect GDP growth of 4.3% in 2018, above the consensus estimate of 4.0%. We think consensus growth expectations for 2018 will rise as the manufacturing, services and agricultural sectors show improvement. Second, we expect the Bank of Thailand (BoT) to raise its policy rate in Q3 after keeping it unchanged at 1.5% for around three years; pressure from other central banks and solid economic growth are key reasons for our view. Third, while exports and tourism should continue to support the current account (C/A) and the Thai baht (THB) in 2018, a sharp rise in imports could narrow the C/A surplus more than the market currently expects over the medium term.
Cost: Free of charge for advance bookings, 400 Baht for walk-ins.
*This briefing is held prior to the BCCT Multi-Chambers Eastern Seaboard Networking at Centara Grand Mirage Beach Resort.*