Economy, not rallies, should worry govt - News Summed Up

Economy, not rallies, should worry govt


Economy, not rallies, should worry govtProtesters crowd around Victory Monument, the primary site of the rallies on Sunday. Foreign tourist income -- amounting to 2 trillion baht per year in 2019 -- is critical to the survival of the Thai economy. Roughly half of the money is left in the Thai economy. The 600 billion baht of spending in the second quarter failed to have the desired effects as the economy still contracted 12.2%. But, China's economy grew 3.2% in the second quarter and grew even further to 4.9% in the third quarter of 2020.


Source: Bangkok Post October 21, 2020 22:41 UTC



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