Thailand's economic growth expected at 5%-5.5% in Q3/2006.
Thailand's economic growth expected at 5%-5.5% in Q3/2006. Bangkok Bank's research centre has estimated that Thailand's GDP will grow at 5%-5.5% in Q3/2006 compared to 5.4% growth in Q3/2005. The optimistic forecast is based on an expected 16.3% y/y growth in exports, higher government spending and an increase in private consumption. Bangkok Bank's report however said that exchange rate fluctuations and political uncertainty may restrict growth in subsequent quarters. Written by IntelliNews. The report is based on sources which we believe to be reliable, but no warranty, either express or implied, is provided in relation to the accuracy or completeness of the information. The views expressed are our best judgement as of the date of issue and are subject to change without notice. Opinions are not necessarily those of Internet Securities Inc., Euromoney Institutional Investor PLC or its affiliates. Internet Securities Inc. and Euromoney Institutional Investor PLC take no responsibility for decisions made on the basis of these opinions. Any redistribution of this information is strictly prohibited. Copyright © 1999-2006 Internet Securities, Inc., all rights reserved. A Euromoney Institutional Investor company. Copyright © 1998-2006 Sofia, all rights reserved.