Exports this year are likely to contract by between 1.2% and 2.5%, the lowest level in three years, according to the latest forecast by the University of the Thai Chamber of Commerce (UTCC).
Aat Pisanwanich, director of the Center for International Trade Studies at the UTCC, said the country still has to brace for plenty of risk factors in the remaining months of the year, with the critical factors to monitor including uncertainty from the delayed formation of the new government, global economic conditions, fluctuating exchange rates, China’s lower than expected…
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