Deutsche Bank believes Thailand’s economic growth next year will be 3.5%,supported by a global economic recovery,according to chief economist Norbert Walter. Dr Walter, speaking at a briefing in Bangkok yesterday, said the global economy would post annual growth between 1% and 1.5% in 2010 following a contraction of 3% this year.
Bank sees 3.5% Thai uptick in 2010 (Bangkok Post)
I have been living in Thailand for over 20 years and witnessed the many changes the country has undergone since the Asian Financial Crisis. I have spent time in Phuket, Samui, Hua Hin, and Chiang Mai, but I gravitate back to Bangkok when all is said and done. It is here that I spent years running a software development company and teaching at universities. These days I live on the Internet with Bangkok as my base. I never stopped believing in the enormous potential of Thailand's kingdom, which is why I joined the ThaiVest Team.
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