BANGKOK, Oct 10 (Xinhua): The Siam Commercial Bank (SCB), one of Thailand's biggest commercial banks, expected the country's economy to return to 2019 growth levels in mid-2023 amid improving domestic and international demand.
Undermining damages from economic scars, including worsening business dynamics, increasingly fragile labor market conditions as well as deteriorating household and small and medium enterprises' balance sheets, mean that overall recovery of the South-East Asia's second-largest economy would be gradual, according to a report released by the SCB Economic Intelligence Centre.