Thailand economy stagnates in third quarter

Thailand has endured a period of sluggish growth, with investor confidence knocked despite a new government taking office and ending months of political uncertainty. - Photo from AFP

BANGKOK (AFP): Thailand's economy grew less than expected in the third quarter owing to still-weak exports, officials said Monday, as the government pushes a stimulus programme that includes cash handouts worth about US$14 billion.

The kingdom has endured a period of sluggish growth, with investor confidence knocked despite a new government taking office and ending months of political uncertainty.