Poor 2014 for Thailand


BANGKOK: Thailand’s economy capped a rough 2014 with disappointing fourth-quarter growth, which will put more pressure on the military junta to jack up spending to try to spur recovery.

The national planning agency, which regularly cut projections last year, yesterday maintained its view the country can grow up to 4.5% this year – but given how dismal 2014 was, that would not be a strong rebound for an economy whose traditional growth engines continue to sputter.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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 , Thailand , GDP , economy

   

Next In Business News

Prime residential, KL city submarket expected to stay dynamic - JLL Malaysia
JD Sports to buy US rival Hibbett in US$1.08bil sportswear retail deal
Gold prices hit 2-1/2-week low as Middle East tensions ease
Oil prices stabilise, Middle East tensions remain in focus
Sunway Property to preview RM1.28bil Sunway Velocity 3 on May 4
More funding needed for developers
Citi appoints Amit Dhawan as head of Citi Commercial Bank for Singapore
Cypark's LSS3 hybrid solar plant achieves initial operations
Asian shares extend gains ahead of tech earnings, yen fragile
Singapore March core inflation at 3.1% y/y, below forecast

Others Also Read