BANGKOK: Once prized in South-East Asia for its economic strength, the new reality for Thailand three years after the military seized power is growth that’s lagging behind peers.
The economy will expand 3.3% a year on average from 2017 to 2019, according to the World Bank, the weakest among eight developing South-East Asian nations. The outlook is brighter elsewhere in the region as countries vie for investment: the Philippines is growing more than 6% a year and Indonesia at a pace of about 5%.
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