Economics Morning Brief and Today's News Summary by Manrat Chotsiri on October 31st, 2026.
Summary of Today's News and Key Issues (October 31, 2026):
🌩️ Weather and Natural Disasters
Heavy Rain Warning Issued for 4 Southern Provinces: The Meteorological Department has issued a warning for southern Thailand, particularly Chumphon, Phetchaburi, Prachuap Khiri Khan, and Surat Thani provinces, to be prepared for heavy rainfall, with a risk of flash floods, landslides, and mudslides.
Bangkok and Surrounding Areas: Approximately 60% chance of thunderstorms.
Phuket Warning System: Authorities have issued a warning for high-risk areas in mountainous regions to be aware of landslides and flash floods due to continuous rainfall.
🚗 Traffic and Royal Ceremonies (Bangkok)
Avoid Routes Around Rattanakosin Island: The Bangkok Metropolitan Police Command has announced rehearsals of the royal procession around the Grand Palace and Sanam Luang.
Recommendation: The public is advised to use the MRT (Sanam Chai Station) or Chao Phraya Express Boat instead of private vehicles in the area.
⚖️ Crime and Social Issues
Drug Network Busted: Police dismantled the "Santisuk" drug network, seizing assets worth over 21 million baht after finding links to several debt-related bomb attacks.
Popular Page Admin Sent to Jail: The Criminal Court denied bail to the admin of the "Godd Dam" Facebook page for posting fake payment slips worth 7 million baht, citing serious social impact.
🌍 International News and Sports
Teqball World Series Ayutthaya: The Teqball World Series 2026 saw an upset in the men's doubles category, with a new generation of players unexpectedly defeating their veteran Thai national team counterparts.
Doomsday Clock 2026: The latest report indicates the Doomsday Clock has been moved closer to midnight, just 85 seconds away, due to climate change and global geopolitical risks.
Summary of In-depth Economic News Reports in All Categories for the Latest Period (Updated as of the end of October 2026):
🏛️ 1. Monetary Policy & Bank of Thailand (BOT & Monetary Policy)
The Monetary Policy Committee (MPC) unanimously decided to maintain the policy interest rate at 1.00%: At its meeting at the end of October 2026, the MPC unanimously decided to keep the policy interest rate at 1.00 percent per annum (a continuation of the interest rate unchanged as anticipated by the market) in order to support the recovery of the Thai economy, which remains uneven and grows below its potential.
Economic Forecasts (GDP & Inflation):
The Bank of Thailand (BOT) projects Thailand's economic growth to be around 2.4% in 2026 and around 2.1% in 2027, driven by exports and investments related to the technology and AI cycles.
Headline inflation is expected to average 2.1% in 2026, with a temporary upward trend in late 2026 to early 2027 due to energy factors and climate impacts, before returning to the target range.
Credit and Currency Situation: Large corporate loans grew to enhance liquidity, but SME loans continued to contract. The Thai baht fluctuated in line with the US dollar and the global energy situation.
📈 2. Capital Market and Stock Market (Stock Market & SET Index)
Thai Stock Market (SET Index): Fluctuating within a range. (The index fluctuated between 1,540 and 1,570 points) amidst a cautious (wait and see) investment atmosphere.
Pressure and Support Factors:
The market faced profit-taking in some large-cap stocks (such as DELTA and the energy/refinery sector), coupled with cautious foreign capital flows.
However, investors continue to monitor Q3 2026 earnings reports of listed companies and stocks benefiting from technology and digital infrastructure trends.
🏆 3. Gold Market
Gold Price Condition: Global and domestic gold bullion prices moved in a correction phase after facing profit-taking selling pressure.
Driving Factors: Pressure from the strengthening US dollar and the cautious stance of the US Federal Reserve (Fed) regarding interest rate direction has led the gold market to consolidate around key support levels.
🌍 4. Global Economic News
Central Bank Decisions (Fed / BOT Hold Rates): Both the US Federal Reserve (Fed) and the Bank of Thailand (BOT) decided to maintain interest rates at their latest meetings. This has led global financial markets to begin reassessing the direction of interest rates towards the end of the year and adjusting investment portfolios in response to the stable interest rate environment.
World Economic Outlook (IMF Outlook): The global economy remains resilient but is experiencing uneven growth, with a projected expansion of 3.1% amid geopolitical risks, energy concerns, and volatility in technology supply chains.