What is behind Thailand’s strong first quarter economic growth

Thailand’s gross domestic product (GDP) growth soared to five-year highs in Q1 of 2018. The Thai economy grew by 4.8% last quarter, surpassing predictions. The surge has led the statistics agency to reassess its growth predictions for the year. It now estimates 2018 growth of 4.2- 4.7%, up from 3.6-4.6%.

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