Thailand’s Economy to Perform Well in 2011 World Bank Says

BANGKOK, April 5, 2011 – Despite the recent surge in oil prices,…

Thailand’s growth contracted 0.2 % from the second quarter

This is the kind of recession many countries would like to endure : Thailand raised on-year growth in the second quarter to 9.2%, from 9.1%.

Bank of Thailand signals slowdown in July 2010 Thai economy

Thailand’s economy in July grew at a decelerating pace from the previous month in line with softening private consumption, export and production sectors due partly to temporary factors and recorded-high economic activities in June.

Exports Driven Thai economy likely to expand 7% in 2010

Thailand’s exports surged 37 per cent in the first half of this year with Asia becoming the key export destination in place of the United States and Europe, which are experiencing economic uncertainties.

Thailand’s 2010 GDP growth revised up to 8%

The International Monetary Fund said last month it expects Thailand’s economy to expand 7%-8% this year, while the Asian Development Bank pushed up its GDP growth projection to 5.5% from 4%.

Automotive industry is driving Thailand’s recovery

The automotive industry was a major engine driving Thailand’s Manufacturing Production Index by 24.1 per cent in the first half of this year.

Thailand likely to grow 6-7% in 2010, says Siam Commercial Bank chief economist

Thailand’s economy is expected to grow around 6-7 per cent this year, given improvements in many economic indicators, according to a leading economist.

Bank of Thailand upgrades growth projection to 6.5-7.5%

The Bank of Thailand (BoT) its revised Gross Domestic Product (GDP) forecast to 6.5-7.5 per cent in 2010 from the 4.3-5.8 per cent growth it projected earlier