Thailand’s economic outlook ‘worst in Asia’: analystsEmpty chairs are seen on a beach which is usually full of tourists, amid fear of coronavirus in Phuket, Thailand March 11, 2020. Yet its economic outlook is the darkest in Asia. Rising gold prices during the outbreak have led local investors to sell gold, boosting total exports. Excluding gold, total shipments have been hit hard by weak global demand and supply-chain disruptions. The central bank has showed concern about the baht’s strength, which hampers exports and will complicate the economic recovery.

Source: Bangkok Post July 07, 2020 04:02 UTC