
Thailand’s economy severely impacted by pandemic
Thailand’s economy is expected to be impacted severely by the COVID-19 pandemic, shrinking by at least 5 percent in 2020.
Thailand’s economy is expected to be impacted severely by the COVID-19 pandemic, shrinking by at least 5 percent in 2020.
The World Bank projects Thailand’s growth to gradually increase from the expected 3.5 percent in 2019 to 3.6 and 3.7 percent in 2020 and 2021.
Sited along Chao Phraya River in Bangkok and in close proximity to Bangkok’s city centre and industrial estates, the river terminal serves the hinterland in and around the capital city.
The Thai economy proved to be resilient in the face of strong global headwinds due to strengthening domestic demand stemming from an upswing in private consumption and private investment.
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