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.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

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

U.S. California's population rebounds to near pre-pandemic level
Over 200 killed in Haiti's Cite Soleil massacre, UN report finds
Nissan, Honda announce plans for merger
1 dead, 8 regions on alert as severe weather sweeps across Italy
Canada's GDP increases 0.3 pct in October
U.S. new-home sales rebound in November
Yemen bears highest burden of cholera globally: WHO
Mpox situation in Africa remains "especially concerning:" WHO
Greek lawyers call for further investigation into 2023 deadly shipwreck
Feature: Chinese theater troupe breathes new life into French classics

Others Also Read