Thai exports likely to go up

Exports expected to grow at least 2% year-on-year in the third quarter. — Reuters

BANGKOK: Thailand’s exports are expected to rise 1% to 2% this year, unchanged from a previous forecast, while a stronger baht will have a limited impact on short-term exports, according to the Thai National Shippers’ Council.

Exports, a key driver of the Thai economy, should grow at least 2% year-on-year in the third quarter despite last year’s high base, said Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council.