Thai GDP growth is expected to be better than in 2015; rosier forecast for exports as global situation improves.
THE THAI economy heads into 2016 with a brighter outlook than last year, thanks to a stronger global economy and multiple measures taken by the government to reinvigorate various economic engines.
Both Kasikorn Research and Siam Commercial Bank forecast gross-domestic-product growth of no less than 3 per cent this year, compared to expected growth of 2.5-2.7 per cent in 2015, while the Bank of Thailand is more bullish with a 2016 growth projection of 3.5 per cent.
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The Nation