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News, Published on 07/12/2021
» Thailand's economy contracted in third quarter of this year 2021 -- largely because of pandemic lockdowns -- after registering 7.6% growth in the previous quarter. While the country's economy should improve next year because of the easing of Covid-19 restrictions, the opening up of Thailand's borders to tourists last month could lead to a resurgence in infections, a retightening of restrictions, and relapse in economic growth.