Economy still likely to grow

Economics

Economy still likely to grow The Thai economy is expected to grow 2.6% this year as the third wave of Covid is unlikely to affect the Stock Exchange of Thailand (SET) Index as much as the previous waves, says Asia Plus Securities (ASPS). Investors are recommended to increase investments in the electric vehicle (EV) and…

Private sector lowers economic forecast amid Covid surge

Private sector lowers economic forecast amid Covid surge

Business

Private sector lowers economic forecast amid Covid surge The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) on Wednesday downgraded Thailand’s economic growth projection to a range of 1.5 to 3 per cent, dragged down by lower purchasing power and employment rate. The JSCCIB’s outlook was lower than the previous one in March of…