BANGKOK: Thailand posted healthy economic growth in the second quarter despite SARS and looks set to outperform most major Asian economies this year and next, as shoppers splurge on items such as cars and phones.
The country’s gross domestic product (GDP) grew a modest but faster-than-expected 0.9% in the second quarter from the previous three months, despite damage suffered by the tourism sector due to the SARS outbreak, the National Economic and Social Development Board said yesterday.
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