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 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
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

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: 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
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
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