Siripong Highlights Economic Boost from “Half-Half Plus” Amid Positive Growth Expectations

Bangkok: Siripong Angkasakulkiat, the Prime Minister's Office Spokesperson, emphasized that Thailand is on track for positive economic growth in the fourth quarter, spurred by the government's Quick Big Win measures. He highlighted the "Half-Half Plus" scheme as a pivotal factor in creating economic opportunities.

According to Thai News Agency, economic confidence has been bolstered by the public's favorable perception of the new government and its economic stimulus measures, including the "Half-Half Plus" program. The expanding tourism sector is also contributing to an increase in domestic spending and supporting businesses within the trade and service sectors, which is expected to positively influence the economy.

The Ministry of Commerce reported a rise in the Consumer Confidence Index for the next three months to 56.0. This aligns with findings from the University of the Thai Chamber of Commerce's Center for Economic and Business Forecasting, which noted that September 2025 saw the Consumer Confidence Index reach 50.7, marking the first increase in eight months. Other indices, such as the Overall Economic Confidence Index and the Future Income Confidence Index, also experienced growth, indicating a more optimistic economic outlook, driven by a stable political landscape following the Prime Minister's policy address to Parliament.

The Federation of Thai Capital Market Organizations (FETCO) echoed this sentiment, revealing a "hot" outlook for the next three months through their September 2025 Investor Confidence Index survey. Government economic stimulus measures were identified as the primary factor enhancing market confidence. The continuation of current government policies, such as the "Half-Half Plus" program, retirement savings, and lottery savings, are viewed as creating economic continuity.

Prime Minister Anutin has directed all ministries, particularly the Ministry of Economic Affairs, to accelerate the implementation of the "Quick Big Win" measures to deliver tangible results within the next four months. This initiative aims to invigorate the economic engine and revitalize trade and investment, encouraging consumer spending in the year's final quarter. Siripong expressed confidence that while these measures are short-term, they are likely to have a lasting impact.