Thai exports, tourism to slow until early next year


The impact started to be felt in the first quarter, but "in the second quarter, the economy is clearly stagnating," Somkid Jatusripitak(pic) told reporters

BANGKOK: Thailand's exports and tourism, key drivers of growth, are expected to slow until early next year due to the impact of the coronavirus pandemic, a deputy prime minister said on Thursday.

The impact started to be felt in the first quarter, but "in the second quarter, the economy is clearly stagnating," Somkid Jatusripitak told reporters. - Reuters

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!

Thailand , economy , exports , tourism , slow , Somkid Jatusripitak ,

   

Next In Business News

Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
InNature diversifies into the F&B industry
Yinson’s RM16bil debt too big to ignore
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
New capacity in the pipeline
March industrial production index up 2.4%, but below forecast
Data centre – boon or bane?
Perak Corp gets extension

Others Also Read