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Bullish Economists Project 3.9 Percent Growth in 2002 for Thailand.
Byline: Darana Chudasri
May 3--BankThai economists expect that economic growth this year could reach 3.9 percent, driven by gains in the global economy and a recovery in domestic consumption.
The projection exceeds the current 3.8 percent growth forecast set by the Finance Ministry, and the 2.5-3.5 percent range projected by the Bank of Thailand.
Anusorn Tamajai, senior vice-president for research and planning at BankThai, said that business and consumer confidence had shown steady gains in recent months, a positive sign for future growth.
Exports had also largely recovered from the drop seen immediately after the Sept 11 events, he ...
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Source: HighBeam Research, Bullish Economists Project 3.9 Percent Growth in 2002 for Thailand.