With no real government, can Thailand escape recession?


  • World
  • Wednesday, 30 Apr 2014

BANGKOK (Reuters) - Some bold assumptions about a rapid end to a six-month political crisis are all that stand between Thailand and its first real recession since the global financial crisis.

Southeast Asia's second-largest economy is confronting weak exports, a year-long slump in industrial output and a drop in tourism, under a caretaker government with limited powers and a central bank wary of wasting ammunition on a political problem.

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!
   

Next In World

Amazon’s Jeff Bezos, Andy Jassy deleted chats amid FTC antitrust probe
Mexican lawmakers approve new pension fund backed by president
Kiribati parliament votes to remove Australian-born high court judge
Musk's X says posts of Australia bishop stabbing don't promote violence
Athletic director used AI to frame principal with racist remarks in fake audio clip, US police say
India begins voting in second phase of giant election as Modi vs Gandhi campaign heats up
US reinstates open Internet rules rescinded under Trump
13 dead in central Senegal road accident
Indigenous people protest Brazil not protecting ancestral lands
Canada launches U.S. dollar global bond to bolster foreign reserves

Others Also Read