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The flood situation in the Southern region from November 17-25, 2025, has caused damage across 12 provinces. Currently, 9 provinces remain affected:

Recent news reports suggest COVID-19 may be transitioning from a regional public health crisis to a global pandemic

Business of retail space for rent in Bangkok And metropolitan areas during 2019-2021 are likely to grow in line with d

Monthly Economic Bulletin - Special Edition (December 2025)

The Covid-19 situation has been developing rapidly. The number of reported cases in Thailand has been rising and the virus has spread to most provinces

The mass rapid transit service business in the next 3 years is likely to grow steadily in line with the number of residents along the mass transit lines

Business conditions will slowly improve for airlines over the three years from 2021 to 2023, helped by the rebound in the global economy and world trade. In addition, the increasingly widespread rollout of COVID-19 vaccines will also feed into a steady reopening of national borders, and with an easing of travel restrictions, demand for domestic and international air travel will strengthen. However, the need to step up investments to meet higher health and safety standards that are both being set by the global airline industry and imposed by the changed post-crisis environment will place a heavier financial burden on operators, and carriers that are on a liquidity crunch, operate only a limited number of routes or have a restricted market share will run the risk of facing a cash-flow crunch and of being forced out of business.

Business conditions should improve slightly in the retail rentals sector through 2022, though growth will be limited by the impact on consumer purchasing power of surging inflation and the rising cost of living. In addition, although the reopening of the country to foreign arrivals is helping the tourism sector to recover, at present this remains insufficient to have a major impact on retailers in areas that are dependent on tourist spending especially those in the downtown and tourist areas. Nevertheless, the situation will improve over 2023 and 2024 as economic recovery and a continuing rebound in tourism feeds into stronger private consumption, and progress on the build out of infrastructure helps to spur greater investment in new retail space.

The construction industry is expected to recover over the next 3 years, with total construction spending forecast to rise by 4.5-5.0% in 2021 and then by 5.0-5.5% in 2022-2023. A major driver will be public-sector spending on infrastructure megaprojects, especially in the Eastern Economic Corridor, where investment in government-backed projects will encourage crowding-in of private-sector investment (e.g., in industrial estates). Beyond this, the gradual recovery of the Thai economy will also support greater investment in residential accommodation and commercial properties. And, there will be new opportunities in neighboring countries as their governments continue to improve national infrastructure in response to continued economic growth and urbanization.

Mass transit services are a relatively stable and solid structure than other services because they are typically in the form of public-private partnerships providing a necessary public utility. Moving forward, income should grow as demand for public transport partly displaces use of private vehicles, a process that will be accelerated by the expansion of integrated rail transport networks. Alongside this, demand will be further lifted by the fading of the COVID-19 pandemic, which is bringing with it recovery in domestic and international tourist markets and in social and economic activity more broadly.