Thailand

The country is one of the world’s largest air-conditioner exporters alongside China and Mexico

The upcoming results season will likely drive further rerating, says the research house

The ministry maintained its full-year inflation forecast of 1.5 per cent to 2.5 per cent this year

Geopolitical risks and regional rivalry make high-spending travellers key over mass tourism

Continuing geopolitical conflict affected energy costs, transport and the procurement of some imported raw materials

State-owned energy giant PTT is in talks with project developers for equity and supply on a long-term basis, sources say

The city-state will be the group’s regional headquarters and house its AI research centre

In the first five months of 2026, exports rise 17% year on year

Much of that gain has come from AI data center power system maker such as Delta Electronics (Thailand)