GDP to Fall by 7-9%: JSCCIB
The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) expected the gross domestic product this year would fall by 7-9% from last year due to poor tourism and exports.
The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) expected the gross domestic product this year would fall by 7-9% from last year due to poor tourism and exports.
Over 10 million Thai people could lose their jobs if the Covid-19 pandemic prolongs for another 2-3 months, the Thai Chamber of Commerce says.
Thailand’s economy which was believed to hit its bottom would eventually improve in 2020, according to a senior businessman.