1. BoT poised to cut policy rate to 1.75%: K-Research predicts quarter point drop. The Bank of Thailand (BoT) is expected to slash its policy rate by 0.25 percentage points tomorrow, amid slower economic growth primarily impacted by the US’s tariff policies. Bangkok Post
2. PDP to face further revision: The implementation of the much-delayed power development plan (PDP) may need to be further put back for a more careful revision to reduce long-term power supply in order to trim electricity bills, says the Thailand Development Research Institute (TDRI). Bangkok Post
3. Panel gives nod to 30 Northeast projects: A public-private joint committee has approved 30 development projects worth over 16.4 billion baht that will be carried out across the upper Northeast. Bangkok Post
4. SET to revise the index calculation methodology for four indices, SET50, SET100, SET50FF and SET100FF, by capping the weight of a single constituent at 10% of an index to improve efficiency from Jul 1, in line with earlier plan. DELTA, the largest, currently weighs 10.014% of SET50.
5. US to strictly enforce origin verification for exports: Commerce Ministry to be sole issuer. The US has targeted 50-60 products for strict origin verification to prevent the circumvention of trade rules through false claims of origin for exports to the US, according to Finance Minister Pichai Chunhavajira. He said the US paid special attention to the issuance of certificates of origin (C/O) to prevent the circumvention of trade rules, specifically the misuse of trade privileges granted to Thailand to export goods to the US that do not meet the required origin criteria. Bangkok Post
6. BoT extends debt relief enrolment deadline: The Bank of Thailand has extended the registration deadline for the “You Fight, We Help” debt relief programme, aimed at supporting vulnerable borrowers amid growing uncertainty and slower economic growth. Bangkok Post
7. Moody’s cuts FY25 GDP growth forecast to 2% from 2.9%, affirms Baa1 credit rating, but revises outlook to negative from stable to incorporate with external shock from the US tariffs that weigh significantly on global trade, which will hv material impact to Thailand’s open economy, increasing risks that TH’s econ & fiscal strength will weaken further.
8. Tourism Ministry reported international tourist arrivals +19.01% wow during Apr 21-27 as travelers from SKR, JPN & CN accelerated ahead of golden week holiday.
9. Thai auto output to dip below 1.4m: US tariffs expected to take a toll. Thailand’s total car manufacturing this year is likely to fall short of the industry’s initial target of 1.5 million units due to the impact of Washington’s tariff policy, says the Federation of Thai Industries (FTI). Bangkok Post
10. Labourers’ debt soars, but repayments fall: Labourers in Thailand are enjoying lower debt repayments this year even though their overall debt levels have risen substantially, according to a survey by the University of the Thai Chamber of Commerce (UTCC). Bangkok Post

Bonus 2

1. Cabinet greenlights tax rejig for plug-in hybrid EVs: Measures effective as of Jan 1, 2026. The cabinet has approved tax measures for plug-in hybrid electric vehicles (PHEVs), effective as of Jan 1 next year. Speaking after the weekly cabinet meeting, Deputy Finance Minister Paopoom Rojanasakul said the cabinet yesterday approved a draft ministerial regulation of the Finance Ministry on excise tax rates proposed by the Excise Department. Bangkok Post
2. Power producers are unlikely to suffer material impact from Ft cut on electricity sell during May-Aug from Bt4.15 to Bt3.98/kwh as ERC use clawback fund from 3 agencies, EGAT, Metropolitan Electricity Authority (MEA), Provincial Electricity Authority (PEA) to subsidize the cut