Thailand faces ‘perfect storm’ as politics compound economic strain
This can stoke fears over both near-term stability and long-term growth prospects for the country
Add BT as a preferred source
[BANGKOK] Thailand is on the hunt for a new prime minister once again.
The Constitutional Court’s dismissal of Paetongtarn Shinawatra on Friday (Aug 29) has deepened political uncertainty just as the economy shows signs of strain, with growth slowing, household spending slipping, investment cooling and exports losing steam.
This could stoke fears over both near-term stability and long-term growth prospects for South-east Asia’s second-largest economy.
TRENDING NOW
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023
Singapore at 61: How we can ensure opportunity, security and ownership for the next generation
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
