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Weaker outlook for Thai economy amid further deterioration
THURSDAY, MARCH 19, 2020
Thailand’s economy shows no signs of a turnaround. The coronavirus outbreak has dealt a further blow to activities, and the consumer confidence index declined in February to the lowest level since April 1999. Domestic financial markets, even bond markets, continue sell off, said Tim Leelahaphan, economist at Standard Chartered Bank (Thai).
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