Consumer spending in the automobile industry and the property sector has been helping drive the...
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....
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes