Thailand Economy Back on Track But in Slow Lane
The Thai economy, under the military’s stewardship for the past three years, is again witnessing steady growth but lags behind regional competitors as uncertainties remain, keeping foreign investors at bay. The World Bank and United Nations (UN) say the Thai economy is in a slow growth lane compared to regional rivals, with a projection of over 3.0 percent growth between 2017 to 2019. The UN’s Economic and Social Commission for Asia and the Pacific (UNESCAP) says the Thai growth outlook stands in contrast to Cambodia’s economy, which is set for 8 …