Construction workers travel by a company “songthaew” vehicle in the Bon Kai area on Rama IV Road in Bangkok. (Photo: Apichart Jinakul)
The Thai Bankers’ Association (TBA) is urging the government to bring the informal economy into the economic system to promote transparency and support the country’s digital economy.
Thailand’s post-pandemic GDP recovery index was 110 in 2023, weaker than the global average of 80, noted the association. A higher value on the index means it takes longer to recover.
The Thai recovery has been slower than its regional peers and the economic outlook remains highly uncertain, said the…
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