RHB Research cut Thailand's growth forecast amid latest Covid-19 outbreak


Health workers prepare to administer a nasal swab test for the Covid-19 coronavirus at a mobile testing site in Bang Phlat district in Bangkok on Tuesday (May 18, 2021).- AFP

BANGKOK, May 18 (Bernama): RHB Research has cut Thailand’s economic growth forecast from 3.2 per cent to 2.0 per cent as the kingdom faces record new Covid-19 cases daily.

The research house said the tighter restrictions imposed to contain the spread of infections dampen the recovery momentum seen in the first quarter of 2021.

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Thailand , GDP , Economy , Covid-19 , Tourism , RHB Research

   

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