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Sunday, May 5, 2024

Connecting Local Industry With Global Partners

JAKARTA – The Thai economy is expected to grow by an average of 3.4 percent per year by 2024-2026, up from 2.5 percent in 2023 and close to the country’s long-term potential, but below 3.7% seen in the decades before the outbreak of the COVID-19 outbreak.

Thanks to the recovery of the electronics industry and increased delivery of agriculture, Thai exports increased over six consecutive months in January 2024. Exports, which is the main driver of the country’s economic growth in Southeast Asia, jumped 10 percent last month from the previous year to 22.64 billion US dollars, the strongest rate in 19 months, according to data released by Thailand’s Ministry of Commerce.

In the midst of positive economic growth, it is important for the ‘Thailand Industrial Business Matching’ event, which was jointly organized by the Department of International Trade Promotion (DITP) and the Jakarta…

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