Thailand economy

Bank Expert predicts Thai economy to contract 8.9% in 2020

A Bank economist has predicted that Thailand’s economy is expected to contract 8.9% this year despite the easing of COVID-19 measures. Amonthep Chawla, head of the research bureau at CIMB THAI Bank (CIMBT), said that although Thailand was heading towards the fourth phase of easing the lockdown, with more businesses to reopen, the Thai economy […]

Thailand economy

Thai economy czar hit by party revolt at pandemic turn

BANGKOK – The Thai coalition government was rocked by an internal revolt within the pro-military Palang Pracharath party, the largest in the 19-party alliance, with political daggers targeting a technocratic and economic faction that was to open the way out of the coronavirus crisis. The upheaval was sparked this week after the abrupt resignation of […]