Thailand Could Be Joining Southeast Asia's Economic Boom
- Economists see 3.8% third-quarter GDP growth, best since 2013
- Rising exports and tourism weathered surge in the currency
People walk past the entrance to the Chang Chui night market in the Thonburi district of Bangkok.
Photographer: Brent Lewin/BloombergThis article is for subscribers only.
An economic boom that’s reverberated across Southeast Asia has finally crossed over to Thailand.
The economy, which has lagged its neighbors this decade, is projected to have grown at the fastest pace in more than four years last quarter even as the baht surged. There’s reason to be optimistic as exports post double-digit percentage gains and the end of a yearlong mourning period for King Bhumibol Adulyadej bolsters the outlook for consumption.