Thailand's economy is not experiencing recession but is growing slowly and ...
FILE PHOTO: Thailand's Central Bank Governor Veerathai Santiprabhob speaks during an interview with Reuters at the Bank of Thailand in Bangkok, Thailand, October 4, 2019. REUTERS/Matthew Tostevin/File Photo
BANGKOK - Thailand’s economy is not experiencing recession but is growing slowly and below potential, central bank chief Veerathai Santiprabhob told reporters and analysts on Thursday, adding that the country also faced structural issues. Last month, the central bank cut its 2019 economic growth forecast to 2.8% from 3.3%, as exports weakened amid rising global trade tension. Last year’s growth was 4.1%.Our Standards:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Thai central bank says needed to keep policy space for future risks: minutesThailand's central bank saw a need to preserve monetary policy space to add...
Read more »
Billie Eilish Has Zero Time For People Questioning Her Potential BTS CollabBillie Eilish was pretty excited when BTS gave her a shout-out, saying said they were interested in a potential collaboration with the 'Bad Guy' singer during a Beats 1 interview on Apple Music earlier this year.
Read more »
Swedish think-tank sees slower growth, rates on holdSweden's economy is slowing and the central bank will be forced to keep the...
Read more »
Japan yet to completely emerge from deflation: economy minister NishimuraJapan's government and the central bank will take all necessary steps to en...
Read more »
'Tantalizingly rare' fossils reveal new species of dinosaurThe discovery is based on remains found in the Khok Kruat geologic formation in Khorat, in central Thailand.
Read more »