The Bank of Thailand expects an export recovery to contribute to higher GDP growth over the next two years. Jaturong Jantarangs, a central bank assistant governor, said a steady recovery was being seen in exports of many products. The National Economic and Social development Board recently projected that the value of goods exports would rise by 2.9% this year. Mr Jaturong said export prices of commodities and petroleum-related products were on an upward trend along with crude oil prices. Business loans are showing signs of higher growth, especially working capital extended to exporters and agriculture-related commercial businesses, Mr Jaturong said.

Source: Bangkok Post April 07, 2017 11:31 UTC