Try GOLD - Free
Contractors warned of looming private sector hazards
Bangkok Post
|April 28, 2025
SET-listed contractors heavily reliant on private sector construction may face challenges next year due to the economic slowdown, while those focused on public projects will likely benefit from reduced competition, according to Kasikorn Securities.
The firm said contractors taking mainly private sector jobs face higher risks due to slower economic growth, which could be affected by US President Donald Trump's recent tariff hike.
On April 2, Trump announced a 36% tariff on Thai imports, then paused enforcement for three months, starting from April 10, to allow time for negotiations.
Following this move, Kasikorn Research Center cut its Thai GDP growth forecast from 2.4% to 1.4%, maintaining public investment expectations, but lowering private investment projections.
This story is from the April 28, 2025 edition of Bangkok Post.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Bangkok Post
Bangkok Post
Banpu consolidation drives clean energy transition
Nickel investment, Al to boost efficiency
2 mins
March 05, 2026
Bangkok Post
WTA players divided on 'best-of-five' Slam proposal
World No.1 Aryna Sabalenka on Tuesday voiced her support for a proposal to make women's matches best-of-five sets during the later stages of Grand Slam tournaments.
2 mins
March 05, 2026
Bangkok Post
Curb online hate now
As Thailand and Cambodia observe a truce, a group of social media users is pursuing aggressive online campaigns to incite hatred between the peoples of the two countries.
2 mins
March 05, 2026
Bangkok Post
Govt offers visa relief after flights canned
Immigration waives overstay penalties
1 mins
March 05, 2026
Bangkok Post
Adidas shares fall as 2026 profit outlook disappoints
Adidas shares sank as much as 7% in early trading after the German sportswear group issued a profit outlook for 2026 that missed market expectations, overshadowing news that it extended CEO Bjorn Gulden's contract to the end of 2030.
1 mins
March 05, 2026
Bangkok Post
Pundits push for productivity
Economists urge the incoming government to focus on improving the country's productivity and addressing corruption to better support Thai GDP growth amid uncertain times over the next four years.
2 mins
March 05, 2026
Bangkok Post
Microsoft backs local AI-driven legal reform
Balanced approach to Al regulation crucial
3 mins
March 05, 2026
Bangkok Post
32 sailors rescued from Iran frigate
Sri Lanka rescued 32 “critically wounded” sailors aboard the Iranian frigate IRIS Dena, which sank yesterday just outside the island’s territorial waters, Foreign Minister Vijitha Herath said.
1 mins
March 05, 2026
Bangkok Post
Tinted screens
Re: “We don't need Seven Dangerous Days”, (Opinion, Feb 27).
1 min
March 05, 2026
Bangkok Post
Fuel price rises start to bite
Ripple effect goes nationwide amid panic-buying, stockpiling, write Assawin Pakkawan, Prasit Tangprasert and Panumet Tanraksa
4 mins
March 05, 2026
Listen
Translate
Change font size