BANGKOK: Thailand’s economy grew at its weakest pace in five years in 2019 as exports and public investments slowed, adding pressure on the central bank to cut rates to shield South-East Asia’s second-largest economy from the coronavirus epidemic.
The trade-dependent economy has been buffeted by the Sino-US trade war, soft domestic demand and a delayed fiscal budget and drought, but tourism stood out as a bright spot.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
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!
