ThaiBMA Flags Low Growth Outlook for 2026, Warns of Rising Corporate Bond Defaults and Payment Delays The Thai Bond Market Association (ThaiBMA) has projected Thailand’s economy to grow by just 1.5% in 2026, citing persistent global economic uncertainty, trade wars, geopolitical tensions, and the government’s limited fiscal and financial capacity. ThaiBMA warned that the sluggish economic outlook is likely to heighten risks in the corporate bond market, including an increase in defaults and requests for repayment extensions (bond delays).

The Thai Bond Market Association has warned that Thailand’s weak 2026 economic outlook, with GDP growth projected at just 1.5%, could heighten risks of corporate bond defaults and repayment delays amid ongoing global and domestic uncertainties.

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