The Bangkok skyline. While Thailand has lifted most lockdown restrictions, its economy continues to suffer from an ongoing ban on incoming passenger flights and from tepid global demand. Photo: AFPThe Bangkok skyline. While Thailand has lifted most lockdown restrictions, its economy continues to suffer from an ongoing ban on incoming passenger flights and from tepid global demand. Photo: AFP
The Bangkok skyline. While Thailand has lifted most lockdown restrictions, its economy continues to suffer from an ongoing ban on incoming passenger flights and from tepid global demand. Photo: AFP

Thailand’s economy sees biggest second quarter contraction since Asian financial crisis

  • Southeast Asia’s second-largest economy shrank 12.2 per cent in April-June from a year earlier, the biggest drop since 1998
  • The coronavirus pandemic has hit trade, tourism and exports, but the Thai government plans to add more stimulus measures this month

Topic |   Thailand
The Bangkok skyline. While Thailand has lifted most lockdown restrictions, its economy continues to suffer from an ongoing ban on incoming passenger flights and from tepid global demand. Photo: AFPThe Bangkok skyline. While Thailand has lifted most lockdown restrictions, its economy continues to suffer from an ongoing ban on incoming passenger flights and from tepid global demand. Photo: AFP
The Bangkok skyline. While Thailand has lifted most lockdown restrictions, its economy continues to suffer from an ongoing ban on incoming passenger flights and from tepid global demand. Photo: AFP
READ FULL ARTICLE
Close
We need your support

Advertising helps us continue to provide quality content. Help support us by disabling your adblocker on our site.

How to whitelist us:
  1. 1
    Click on the AdBlock icon at the top right corner of your browser.
    For iOS, go to Settings/Safari/Content Blockers and turn it off.

    For Android, go to your Ad blocker app/Settings and turn it off.
  2. 2
    Click Enabled on this site until the text reads Disabled on this site.
  3. 2
    Click the cross icon on the top right corner to close this window and refresh the page.
  4. 3
    Click the cross icon on the top right corner to close this window and refresh the page.