BANGKOK, July 26 (Xinhua): Thailand's Kasikorn Research Centre, a think tank, has lowered its forecast for the country's economic growth this year to 1 per cent from a previous estimate of 1.8 per cent as a prolonged wave of the outbreak dampened growth outlook.
Due to limitations of the Thai public health system, more stringent Covid-19 containment measures have been implemented, which would further affect the business sector and employment and in turn the purchasing power and confidence of consumers, the research center said.