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Express News Service It’s as if Asian economies are struggling just to make it from one quarter to the next. With countries coursing through second, third and fourth waves, albeit with brief periods of respite from coronavirus infections, economic rebound has never been closer and never further away. Most Southeast Asian regions have enforced total or partial lockdowns and restrictions, which means respective annual GDP forecasts are often being revised mostly downwards and rarely upwards. Take Thailand’s central bank, which lowered 2021 GDP forecast to three per cent as against 3.2 per cent projected in December. As if on cue, Thailand’s Ministry of Finance too lowered estimates from 4.5 per cent to 2.8 per cent. ....
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