(From Thai Press Reports)
The Thai economy is expected to grow nearly 5% this year if there is no war between the United States and Iraq, but if the war breaks out the Thai economy will grow just over 3%, according to Thai Farmers' Bank Research Centre.
The Bangkok-based research house said in a report sent to TNA on Monday that the Thai economy measured by the country's gross domestic products (GDP) could grow 4.8% this year unless there was the feared war in Iraq.
But should the war erupt and was confined just for a short period of time, the Thai economy this year could grow 4.3%, the leading think- tank forecast.
If the war broke out …