Thai Deputy Prime Minister Supattanapong Punmeechaow (Source: Bangkok Post)

Thai economy expected to return to normal in next two years

Thailand’s economy is expected to return to normal within two years as the government has tried to mitigate the impact of the COVID-19 pandemic, said Thai Deputy Prime Minister Supattanapong Punmeechaow on September 25.

Thai exports were affected by ncreasing trade tensions between the US and China. (Photo: bangkokpost.com)

Thai economy slows down amid trade tension

The Bank of Thailand (BoT) on June 26 revised GDP growth forecast for 2019 to 3.3 percent from previous forecast of 3.8 percent, Thai media reported.