World Bank projects Thai economy to grow 3.5% this year
The World Bank has projected that the Thai economy will grow 3.5 per cent this year and 4 per cent next year, rebounding from last year, when it contracted 2.7 per cent.
Dr Kirida Bhaopichitr, country economist for Thailand at the World Bank’s Bangkok office said Thai exports are projected to expand 15 per cent this year thanks to improved economy of Thailand’s trade partners and recovery of the tourism sector. (More …)