


| Thai economy sees biggest contraction since Asian financial crisis in second quarter |
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Thailand's economy saw its biggest annual contraction in 22 years and a record quarterly fall in the April-June period, as the coronavirus pandemic and restriction measures hit tourism, exports and domestic activity, prompting an outlook downgrade.
Southeast Asia's second-largest economy, which is heavily reliant on tourism and exports, shrank 12.
Posted: 2020-08-17 06:45:00
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