Adviser to the Fiscal Policy Office Pornchai Threeravej (centre), says the recovering Thai economy will grow by 4.5 per cent next year. - The Nation Thailand/Asian News Network
BANGKOK, Oct 30 (Reuters/ The Nation Thailand-ANN): Thailand's economic performance in the third quarter improved from the preceding three months, with GDP shrinking by a single digit as economic activity resumed after easing coronavirus restrictions, the central bank said on Friday.
South-East Asia's second-largest economy contracted 12.2% in the second quarter year-on-year, the sharpest fall in 22 years, as the pandemic pummelled tourism and consumption.
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