Once prized in Southeast Asia for its economic strength, Thailand’s growth is lagging peers with economies in Vietnam and Philippines expanding more than 6%. But it doesn’t have much impact on the economy compared to risks from global factors. Even if the election is delayed, the economy can still grow.”But even with all that optimism, private investment remains low. Wages are weak and debt burdens for households and companies are elevated, adding to risks that the recovery may falter. The central bank in December raised its forecasts for export growth to 9.3% for 2017 and to 4% for 2018.

Source: Bangkok Post January 02, 2018 05:37 UTC