Weak April export, output data for Thailand


BANGKOK: Thailand’s trade shrank in April and factory output fell for a 13th straight month, underscoring the damage political unrest has caused and the tough job the new military government faces reviving an economy that contracted in the first quarter.

The army, which seized control of the country on May 22, has begun a battle to restart government spending and lift domestic demand in a bid to keep Thailand from falling into recession with a second straight quarterly contraction.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Business , Thailand , trade , exports

   

Next In Business News

Investment banks upbeat on Malaysia's GDP outlook, ticks geopolitical risk as downside
MAA: Malaysia's new vehicle sales up 21% in April
Public Bank net profit dips 3.5% to RM1.65mil in 1Q
Tipping point of retirement village living
Malaysia trade up 12.1% to RM221.74bil, exports rebound 9.1% to RM114.72bil in April
Bursa Malaysia's rally continues to gain momentum
OCBC bank signs MoU with Beibu Gulf to attract investors to MCKIP
Most Chinese developers' shares fall despite latest support measures
Thai Q1 GDP grows 1.5% y/y, above forecast
Ringgit stages small rebound boosted by US Fed rate cut prospects

Others Also Read