Bangkok's expanding mass transit yields mixed economic benefits
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Bangkok
THAILAND'S Covid-impacted economy contracted at least 6.5 per cent last year and is heading for only modest growth of 4 per cent in 2021, yet the government has continued to spend billions of dollars annually on expanding Bangkok's mass transit system.
Some economists have started to question whether the hefty expenditure is worth it.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts