Thailand's GDP forecast at 5.5%

Consumer spending in the automobile industry and the property sector has been helping drive the Thai economy. The banking industry has been restructuring and the government has been spending on infrastructure. Economic forecasts for this year have been upgraded. Tapan Datta, director of emerging markets economics and strategy at Schroders, says: 'The macroeconomic backdrop has been one of the strongest growth stories in Asia.' Thailand's economy has been growing at a faster rate than any other Asian country. The government has raised its GDP growth forecast for this year to 5....