Falling economy has bottomed out, says Bank of Thailand

Don Nakornthab, BOT senior director. - The Nation Thailand/Asian News Network

BANGKOK, Aug 2 (The Nation Thailand/ANN): The falling economy has bottomed out, but unemployment remains a serious concern, said the Bank of Thailand (BOT).

Don Nakornthab, a BOT senior director, said five economic engines – consumption, private investment, exports, imports, and manufacturing – showed signs of improvement in June although all remained in negative growth territory.