OPINION

Slow growth is a small price for reform

News, Sutapa Amornvivat, Published on 18/02/2015

» The Thai economy has gained little traction in recent months. Despite the restoration of confidence and the clearing of many legislative bottlenecks since the middle of last year, GDP growth still came in at just 0.7% in 2014. Nor have we seen any big return of momentum in domestic consumption or investment. Even during the recent New Year festivities, consumer spending was weak, despite the long holiday period. There isn't much to celebrate on the economic front.