BANGKOK: Thailand’s trade shrank in April and factory output fell for a 13th straight month, underscoring the damage political unrest has caused and the tough job the new military government faces reviving an economy that contracted in the first quarter.
The army, which seized control of the country on May 22, has begun a battle to restart government spending and lift domestic demand in a bid to keep Thailand from falling into recession with a second straight quarterly contraction.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!