In addition to these long-term challenges, Thailand is confronting an immediate concern: escalating conflict in the Middle East. While some reports suggest the conflict could end within weeks, the risks to global stability will not disappear quickly. He said Thailand's key challenge is to strengthen its ability to withstand external shocks, including geopolitical tensions, climate change, military conflicts and volatile global economic conditions. If the conflict ends within a month -- as suggested by US President Donald Trump -- Thailand's economic growth could slow from a projected 2% to about 1.6%. The tourism industry is already experiencing the early effects of the conflict, according to Chai Arunanondchai, president of the Tourism Council of Thailand (TCT).

Source: Bangkok Post March 07, 2026 02:33 UTC