webfact Posted November 15, 2021 Share Posted November 15, 2021 By Panithan Onthaworn Thailand’s economy shrank by 0.3 per cent in the third quarter, year-on-year, the Office of the National Economic and Social Development Council (NESDC), the government’s planning unit, said Monday. Thailand saw its gross domestic product (GDP) contract after recording a 7.6-per-cent growth in the second quarter, the council’s secretary-general Anucha Phichayanan said. For the first nine months of 2021, Thailand’s GDP rose by 1.3 per cent. Full story: https://www.thaienquirer.com/34980/thai-economy-contracts-in-the-third-quarter-due-to-pandemic-effects/ -- © Copyright Thai Enquirer 2021-11-15 - Whatever you're going through, the Samaritans are here for you - Follow ASEAN NOW on LINE for breaking COVID-19 updates Link to comment Share on other sites More sharing options...
Popular Post Gold Star Posted November 15, 2021 Popular Post Share Posted November 15, 2021 Strange that the Thai Baht has strengthened in the last 6 weeks or so. Perhaps now it is due for a pullback with this new data print. 7 Link to comment Share on other sites More sharing options...
ozzydon Posted November 15, 2021 Share Posted November 15, 2021 i am suprised its gone up at all with the baht being strong and the tourist merrygoround but they know better keeping places closed to impress their mighty egos 2 Link to comment Share on other sites More sharing options...
Popular Post Isaan sailor Posted November 15, 2021 Popular Post Share Posted November 15, 2021 Do I detect an admission that the rising Baht has a role to play in this? Those of us on fixed pensions have certainly taken notice. 3 Link to comment Share on other sites More sharing options...
Popular Post hotchilli Posted November 15, 2021 Popular Post Share Posted November 15, 2021 5 hours ago, webfact said: Thailand’s economy shrank by 0.3 per cent in the third quarter, year-on-year, the Office of the National Economic and Social Development Council (NESDC), the government’s planning unit, said Monday. And it will follow suit in the 4th quarter. 3 Link to comment Share on other sites More sharing options...
Daithi85 Posted November 15, 2021 Share Posted November 15, 2021 1 hour ago, Isaan sailor said: Do I detect an admission that the rising Baht has a role to play in this? Those of us on fixed pensions have certainly taken notice. Yep the Thai baht has shot off like a rocket,no signs of slowing down. 1 Link to comment Share on other sites More sharing options...
Cake Monster Posted November 15, 2021 Share Posted November 15, 2021 6 hours ago, webfact said: Thailand saw its gross domestic product (GDP) contract after recording a 7.6-per-cent growth in the second quarter, the council’s secretary-general Anucha Phichayanan said. 7.6 % in the second Quarter growth ! Who are they trying to actually fool. 2 Link to comment Share on other sites More sharing options...
bangon04 Posted November 15, 2021 Share Posted November 15, 2021 10 hours ago, Cake Monster said: 7.6 % in the second Quarter growth ! Who are they trying to actually fool. It must be because the tourism industry is only 10% / 20% / 30% (select as appropriate) of Thai GDP......... 2 Link to comment Share on other sites More sharing options...
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