This represents a sharp decrease from the earlier projections of 2.9% and 2.7%, respectively. Thailand's economy grew by 2.5% last year, underperforming many of its Asian counterparts.

Thailand is a strategic ASEAN supply chain hub, supported by infrastructure, ports, EEC investment, and automotive industry resilience.

Thailand's pharmaceutical market will grow steadily, supported by local production and government funding, despite economic challenges and regulatory hurdles.