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
the authorThaiVest Editorial Team
All posts byThaiVest Editorial Team
Leave a reply
You Might Also Like
Thailand Retirement Ranking Improving
Joe MillerDecember 5, 2022
To see the Thailand Retirement Ranking improving delighted the Thai Prime Minister Prayut Chan-o-cha said government spokesman Anucha Burapachaisri. In...
Thai Stock Market Analysis May 9, 2022: How Much Lower Will the the SET fall?
Joe MillerMay 9, 2022
Ugly Trading Session Leaves Thai Stock Market Index in Murky Waters The Thai stock market had recently done remarkably well...
Thailand Economic Recovery Dwindling
Joe MillerDecember 7, 2020
Exports Decline Across the Board Merchandise exports in Thailand based on balance on payments contracted by 5.6% year-on-year in October...