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Thursday, May 9, 2024

Analysts predict shaky growth

A swab sample being taken for a Covid-19 test at Pornpat market in Thanyaburi district, Pathum Thani province. (Photo by Apichit Jinakul)

Thailand’s GDP growth outlook this year remains weak as economic drivers are unreliable at this stage, with the vaccine rollout — the only positive factor for sentiment in the short term — yet to begin, says Standard Chartered Bank Thai.

The first vaccine shots in Thailand will be administered by the end of this month as the first 200,000 doses of China’s Sinovac vaccine are scheduled to arrive on Feb 24, said the government on Monday.

Last week, Thailand announced plans to inoculate 1 million of its most vulnerable people by May and start mass vaccinations in June, with the aim of administering 10 million doses a month.

The announcement was the first clear…

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