Bank forecasts 3.4% growth but warns of impact from exodus of migrant workers

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Bank forecasts 3.4% growth but warns of impact from exodus of migrant workers

By Thai PBS

 

 

Kasikorn Research Center Thursday (July 6) forecast continual growth of the economy as export prospective remains bright.

 

But the center also warned that the new foreign labour law could affect this year’s growth. The center raised its forecast for 2017 GDP growth to 3.4% from 3.3%, citing an export recovery.

 

It said the country’s exports were expected to grow 3.8% this year, up from the previous projection of 2%.

 

Full story: http://englishnews.thaipbs.or.th/bank-forecasts-3-4-growth-warns-impact-exodus-migrant-workers/

 

-- © Copyright Thai PBS 2017-07-07

 

[Stargeezr]

Well with the migration of all the illegal workers from so many projects, good luck with

the even 2 percent growth.

Geezer

[williamgeorgeallen]

3.4% puts thailand as one of the worlds faster growing economies. very impressive general. who needs an election?