Thailand News

Breaking news headlines

Thailand becomes ‘Sick Man of Southeast Asia’

1 min read
United Nations Building in Bangkok

Flags on the United Nations Building in Bangkok. Photo: MonsieurLui / Flickr / CC.


BANGKOK, March 26 – Thailand is now being branded as ‘the sick man of Southeast Asia’ given its low economic growth, unstable politics and lack of investors’ confidence, according to the University of the Thai Chamber of Commerce.

Ath Pisalvanich, director of the university’s International Trade Studies Centre, said 480 out of 4,000 small- and medium-sized Thai enterprises have planned to invest in neighbouring Indonesia, Myanmar and Laos with a total investment of Bt77 billion.

MCOT


Leave a Reply

Copyright © 2020 Thailand News. The content of this website does not necessarily reflect the opinion of Thailand News. All photos and articles are copyright to their respective owners.

By using the site you agree and accept the terms of this Privacy and Cookies Policy. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close