Clients – both government and private – are delaying payments, triggering a domino effect that affects organisers and suppliers alike. — The Nation
BANGKOK: The Thai and global economies are facing intense instability from a mix of risk factors: the lingering impact of Trump-era tariffs sparking trade wars, escalating geopolitical conflicts and weakening investor and consumer confidence.
These dynamics have pushed consumers to tighten spending and businesses to adopt a “wait and see” stance – particularly in the real estate sector, which was already slowing and further hit by a recent earthquake.
