Business group keeps growth outlook at 3.0-3.5%

Thailand’s economy is expected to grow 3.0% to 3.5% this year, the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) said on Wednesday, unchanged from its previous forecast.

Exports, a key driver of the Thai economy, are still projected to be flat or fall up to 2% this year, said the leading joint business group.

Meanwhile, tourism gains strength but exports…