News
Economy at risk of contraction in Q3: Krungsri Research
Thailand’s overall economy is at risk of contraction in the third quarter due to restrictions on economic activities to curb Covid-19 from spreading further, Krungsri Research revealed on Wednesday.In its monthly economic report, Krungsri Research said the private sector’s consumption index in July contracted -5.3 ...
The Nation Reporter
BoT forecasts record contraction
The Bank of Thailand has reduced its economic outlook to a contraction of 8.1% this year, deeper than the 1997 financial crisis, but kept the policy rate on hold at 0.50%.The latest economic forecast for 2020 is worse than the record contraction of 7.6% for ...
Somruedi Banchongduang