BMI View: We maintain our view that weak consumer confidence in the Thai economy coupled with high
household debt levels and elevated car prices will lead to a contraction of 5.3% in vehicle sales in 2016.
? Vehicle sales will contract 5.3% in 2016. ..."
BMI View: The continuing slowdown in the economies of key trade partners China and Japan will have a
detrimental knock-on effect on Thailand's various freight modes over the near term. That said, the goods
export sector has recently returned to growth as falling expor ..."
BMI View: Waning consumer confidence in the Thai economy coupled with high household debt levels and
elevated car prices will lead to a contraction of 5.3% in vehicle sales in 2016.
? Vehicle sales will contract 5.3% in 2016.
? Waning consumer co ..."
BMI View: Thailand is set to broadly see positive growth across its freight modes in 2016 and over the
medium term, with the exception of road, which we expect will see a y-o-y contraction each year between
2016 and 2020. A slowdown in the economies of various Asia Pa ..."
BMI View: We expect 2016 to be a third consecutive year of contraction in the vehicle market as sluggish
economic growth, the introduction of new vehicle excise tax, and high household debt levels all weigh down
growth in the autos market.
? Vehi ..."
BMI View: Thailand is set to see positive growth across freight modes in 2016, but largely at a slower pace
than seen in 2015. This is as a result of the renewed political uncertainty in the country and the general
slowdown in the wider Asia Pacific region, which will ..."
BMI View: Following a contraction in vehicle sales over the 2014-2015 period, an improving economic
outlook will lend support to vehicle sales over our forecast period 2016-2019. However, growth will be
subdued and average 3.5% over this period constrained by high lev ..."
BMI View: All three modes of Thailand's freight sector are set to post positive growth in 2016, with growth
rates either remaining on a par or growing over our medium-term period to 2019. The country's trade
figures will return to positive growth in 2016, in both real ..."
BMI View: We expect continued robust growth at Thai ports in 2016, but this is down as much to the base
effects of a developing economy and investment in the countries ports rather than a strong outlook for the
country on an economic and political basis. The military ..."
BMI View: Steady growth patterns will underpin all three sectors of the freight industry in the medium
term, with the rail sector achieving the best results. The focus on Asian economic integration and improved
trade links throughout the region means that Thailand is ..."