Facing headwinds in 2019, Thai economy looks better for 2020

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Facing headwinds in 2019, Thai economy looks better for 2020

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The Thai economy is projected to grow 3.8% in 2019, slightly below last year’s 4.2%. The main reason is slower growth in the global economy. thailand-business-news.com reports that this is likely to lead to a deceleration in Thai exports and tourism, which will impact domestic consumption.

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Facing headwinds in 2019, Thai economy looks better for 2020

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