Economy Contracts in Q1, to Worsen in Q2, Bank of Thailand Says

02.05.2020 - 03:04

BANGKOK (Xinhua) — Thailand’s central bank on Thursday said in a press briefing that the Thai economy has shrunk in the first quarter and will further contract in the second quarter, factoring the downfall to weakening exports and tourism, both sectors hit hard by the COVID-19 pandemic.

(Economy, Thailand)

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