Thailand grapples with economic issues


Bangkok Bank's Kobsak said the country is experiencing stronger than anticipated economic headwinds, necessitating an urgent response through both monetary and fiscal policy measures. — Reuters

BANGKOK: The Thai economy faces a challenging period as it contends with the lingering impact of a previous earthquake and the potential for significant new tariffs from the United States, according to leading economists in Bangkok.

Speaking to Krungthep Turakij, Kobsak Pootrakool, executive vice-president and corporate secretary of Bangkok Bank, warned that the nation is experiencing stronger than anticipated economic headwinds, necessitating an urgent response through both monetary and fiscal policy measures.

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