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|Illustrative image. (Photo: Bangkokpost.com)|
Bangkok – The Siam Commercial Bank (SCB) projects exports of Thai electronic products will rise by a modest 4.1pc this year from 4.22 billion USD earned in 2021.
The SCB’s Economic Intelligence Centre (EIC) said export growth for electronic products this year has slowed from the 16.5pc increase seen in 2021.
According to the centre, the 2021 export growth was driven by demand for electronic parts and computer parts in response to work-from-home and online education trends.
Demand for electronic parts from Thailand was still high but exports would be hampered by the global economic slowdown and semiconductor shortage, it said.