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THAILAND

Political turmoil blamed for GDP losses

Business, Somruedi Banchongduang, Published on 28/08/2018

» Thailand's political uncertainty over the past 20 years took a toll on the country's economic growth, shaving off 0.4 percentage points per year on average and depressing growth below its potential, according to a joint survey by the Bank of Thailand's Puey Ungphakorn Institute for Economic Research's (Pier).

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THAILAND

Survey finds 40% of farmers live under poverty line

Business, Somruedi Banchongduang, Published on 31/05/2018

» Some 40% of farming households are living below the poverty line, set at 32,000 baht a year, with the sector's low income and higher debt a drag on the country's economic growth, says the Bank of Thailand's Puey Ungphakorn Institute for Economic Research's (Pier) in a survey.