Sunday, December 25, 2011

How Much is Thailand’s Economy Going to Lose Because of Floods? Hundreds of Billions of Baht

� The director of the UTCC’s Economic and Business Forecasting Centre, Thanawat Ponwichai, has said according to their calculations, the Thai economy will lose 300-400 billion baht ($9.73 billion to $12.98 billion) this year. He also said, if the flood water is quickly drained, Thailand’s economy may go back to a 4-5% growth by March [...]  See More..

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