n August 19, 2013- BBC News claimed that the Thai economy has taken a downturn after showing the figure’s proving the economy is going into recession. The GDP of Thailand in the second quarter has reduced by 0.3% after already reducing about 1.7% in the first quarter. In 2012, Thailand’s economy was booming and showed a positive increase by about 6%. Economic analysts believe that the current economy is not what it used to be, this is due to reduction in domestic consumption, consumer confidence, and weak exports. Will Thailand’s economy take a plunge as believed by analysts?