Thailand should see a sharp rebound of 4% growth next year following a 4% contraction in 2009, according to Peter Redward, managing director and head of emerging Asia research for Barclays Capital. “For Thailand, the recession has ended,” he said. “The economy is recovering, exports are already reviving and private consumption and spending will continue to grow.
Barclays: Thai growth to hit 4% in 2010
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