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Thai business group maintains 2022 growth outlook amid uncertainty

Thai business group maintains 2022 growth outlook amid uncertainty

FILE PHOTO: A view of the Port of Bangkok, Thailand, March 25, 2016. Picture taken March 25, 2016. REUTERS/Athit Perawongmetha/File Photo

BANGKOK : Thailand's leading joint business group on Wednesday maintained its economic growth forecast for this year at 2.5 per cent to 4.0 per cent due to increased exports and tourism, despite higher inflation and global uncertainty.

Exports are still expected to rise by 3 per cent to 5 per cent this year, according to the group, which includes representatives from industry, banking and commerce.

(Reporting Satawasin Staporncharnchai; Writing by Orathai Sriring; Editing by Kanupriya Kapoor)

Source: Reuters

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