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opposition party and the daughter of former prime minister thaksin shinawatra. the winning candidate, and their party will have to grapple with a slew of domestic issues including polarised politics and a slowing economy. for more on this, i spoke to syetarn hansakul of the economist intelligence unit, who told me thailand is slowly recovering from the pandemic. economic situation has improved from last year. it is in the middle of a cyclical rebound because coming out of the pandemic recession a lick later than others, but finally, after the country opened in late 2022, the tourism sector, which has been a key part of the countries gdp, is recovering slowly. shabbat is to improve jobs and income, and we are seeing the rebound unfolding. but having said that, there are plenty of structural issues that are hurting thailand s long term competitiveness, and thatis long term competitiveness, and that is something the new government will need to look into and correct. [30 ....
the daughter of former prime minister thaksin shinawatra. the winning candidate, and their party will have to grapple with a slew of domestic issues including polarised politics and a slowing economy. for more on this, i spoke to syetarn hansakul of the economist intelligence unit, who told me thailand is slowly recovering from the pandemic. economic situation has improved from last year. it is in the middle of a cyclical rebound because coming out of the pandemic recession a bit later than others, but finally, after the country reopened in late 2022, the tourism sector, which has been a key part of the country s gdp, is recovering slowly. that is helping to improve jobs and income, and we are seeing the rebound unfolding. but having said that, there are plenty of structural issues that are hurting thailand s long term. competitiveness, and that is something the new government will need to look into and correct. given everything that you have described, what is your o ....
prime minister thaksin shinawatra. the winning candidate, and their party will have to grapple with a slew of domestic issues including polarised politics and a slowing economy. for more on this, i spoke to syetarn hansakul of the economist intelligence unit, who told me thailand is slowly recovering from the pandemic. economic situation has improved from last year. it is in the middle of a cyclical rebound because coming out of the pandemic recession a bit later than others, but finally, after the country reopened in late 2022, the tourism sector, which has been a key part of the country s gdp, is recovering slowly. that is helping to improve jobs and income, and we are seeing the rebound unfolding. but having said that, there are plenty of structural issues that are hurting thailand s long term competitiveness, and that is something the new government will need to look into and correct. what is your outlook for growth this year in thailand and next? the economy will ....
There are plenty of structural issues that are hurting thailand s long term competitiveness, and that is something the new government will need to look into and correct. what is your outlook for growth this year in thailand and next? the economy will probably grow faster compared to last year. we expect about 3.8% for 2022. and other stories for you today. shares in the american bank pacwest have plunged more than 20% after its deposits fell by one and a half billion dollars last week. there was a run on deposits following reports the bank was considering a sale to bolster its finance. pacwest is one of several us regional lenders whose shares have been hit by concerns over the health of the banking sector, following the collapses of silicon valley bank, signature bank and first repbulic. banks have been told they will need to bear the 16 billion dollar cost of a us ....
Competitiveness, and that is something the new government will need to look into and correct. given everything that you have described, what is your outlook for growth and for thailand this year and next? we think that thailand this year will still see the fruit of the signatory rebound. so the economy will probably grow faster compared to last year. we expected gdp to go up 8% for 2023. shares in the american bank pacwest have plunged more than 20% after its deposits fell by one and a half billion dollars last week. there was a run on deposits following reports the bank was considering a sale to bolster its finance. pacwest is one of several us regional lenders whose shares have been hit by concerns over the health of the banking sector, following the collapses of silicon valley bank, signature bank and first repbulic. banks have been told ....