KM Financial Solutions | Thai business groups see GDP contracting 3%-5% this year
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Thai business groups see GDP contracting 3%-5% this year

Thai business groups see GDP contracting 3%-5% this year

Thailand’s economy may shrink
3%-5% this year, sharply down from growth of 1.5%-2.0% projected
in March, as the coronavirus pandemic hits global demand and
domestic activity, a group of leading business associations in
Thailand said on Thursday.

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