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Thailand’s economic recovery may be hindered by a global slowdown and the government's stimulus policies could lead to higher government debt, according to Fitch Ratings analysts.
Declining exports and tourism...
The Chinese economy's retreat into deflation has raised worries about soft consumption, a weakening currency, and excessive local government debt. Thailand has been cautioned about the impact of China's slowdown on its economy.
Thailand’s unemployment rate has dropped to 0.8% in the first quarter of 2023, according to the latest data from the National Statistical Office.
This is...
Global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia’s invasion of Ukraine,...