Thailand: A lot better than expected GDP numbers

In Uncategorized on 21/08/2012 at 1:48 pm

Thailand’s economy grew more than forecast in the April to June period helped by domestic consumption and continued recovery in manufacturing.

Growth was 3.3% in the second quarter, compared to the previous three months. Analysts had forecast growth of 1.7%.

Thai market as of 15 August was +19.7% on the yr in US$ terms, slightly behind S’pores 20%. Explain this Dr Chee, KennethJ, EJay and other haters of all things PAP.


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