Thailand’s sovereign rating outlook stable (Moody’s)
Thailand growth to remain at 2.6%
The Fiscal Policy Office had slashed its 2014 economic growth projection to 2.6% from 4% in Mach provided that a new government is formed by the third quarter.
Read more at http://www.thailand-business-news.com/news/headline/48814-thailand-growth-remain-2-6.html#GxWFQ9d8bLJfgTeR.99
So far little progress has been made for ending political stalemate, but the FPO new statement now predicts that Thailand’s first-quarter gross domestic product (GDP) will shrink 0.2% before bouncing back in the second quarter, maintaining its full-year 2.6% projection.
Read more at http://www.thailand-business-news.com/news/headline/48814-thailand-growth-remain-2-6.html#GxWFQ9d8bLJfgTeR.99