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Growth forecast for Thai exports set to rise in 2017


Growth forecast for Thai exports set to rise in 2017

Thai Exports are expected to grow at least 6% this year, better than the 5% predicted earlier, the Thai National Shippers’ Council said on Tuesday, thanks to improved global demand. Exports, a key driver of growth, rose 8.9% between January and August from a year earlier.

However, the strength of the baht remains a risk, the council statement said. The baht has appreciated by 6.9% against the US dollar so far this year, the highest gain among Asian currencies. Source: Bangkok Post

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