Thai Economy Recovering
Thai Economy Recovering

Thai Economy Recovering

Thai Economy Recovering

Thailand’s economy is recovering gradually but is stronger than that of many countries, the central bank governor said on Friday, amid concerns that a year of mourning for revered King Bhumibol Adulaydej could affect tourism and consumption, Reuters reported. “Although the Thai economy today is recovering gradually, it is more stable than many other industrialized and emerging countries because it has good buffers,” Bank of Thailand Governor Veerathai Santiprabhob told an economic seminar. Thai growth has been slow for years, due to weak exports and domestic demand. The central bank has forecast Southeast Asia’s second-largest economy will grow 3.2% this year and again in 2017. Last year’s growth was 2.8%.

Short URL : https://goo.gl/7oQ6ro
  1. https://goo.gl/6OfC58
  • https://goo.gl/QA7v6k
  • https://goo.gl/BA9kRb
  • https://goo.gl/LW07dU
  • https://goo.gl/eWKHLJ

You can also read ...

China Challenges US Solar Panel Duties
China says it is challenging a US tariff hike on solar panels...
In a retaliatory move, President Recep Tayyip Erdogan’s government on Wednesday announced higher tariffs on some US imports, namely on passenger cars (120%) and leaf tobacco (60%).
Turkey has raised tariffs on some US imports, including...
World trade volume growth peaked in January at almost 5.7% year-on-year but nearly halved to less than 3% by May.
Cyclical indicators point to slower and more uneven growth in...
Moody’s Predicts Slower Fiscal Progress in S. Africa
South Africa’s fiscal consolidation will be slower than the...
Nigeria CPI Drops to 11.14 Percent
Nigeria’s National Bureau of Statistics says the consumer...
File picture of Kim Jong-un (L) and Moon Jae-in at the truce village  of Panmunjom, South Korea.
South Korea President Moon Jae-in on Wednesday offered a bold...
Surging Inflation Mars Philippines Growth
The Philippine economy in 2018 is a story that can be summed...
Transport tickets and fuel have driven up costs for consumers.
Inflation in the UK climbed in the month of the July, as had...

Add new comment

Read our comment policy before posting your viewpoints