Thai Q3 GDP growth seen close to Q2: finance minister
[BANGKOK] Thailand's economic growth in the current quarter is expected to be close to the rate reported for previous three months, the finance minister said on Monday.
April-June's annual growth was 3.5 per cent, the highest in 13 quarters.
"We believe the third quarter would be the same or slightly higher," Apisak Tantivorawong told a seminar.
Thailand's growth pace has been subdued for years, and exports and domestic demand remain weak. This year, Southeast Asia's second-largest economy has been boosted by government spending and tourism.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Indian central bank issues draft guidelines for web aggregators of loan products
Vietnam National Assembly head resigns amid graft purge
China central bank flags bond investment risks to some financial institutions: sources
Xi tells Blinken US, China should be 'partners, not rivals'
Indonesia’s push for regional economic integration to continue under Prabowo: Vivian Balakrishnan
Outgoing Singapore, Indonesia leaders to hold their final retreat in Bogor on Apr 29