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Bangkok Post
Bangkok Post
Business

Thai economy grows 2.7% in first quarter

In this file photo taken on Feb 13, 2023, tourists pose on Mai Khao Beach as a plane lands at Phuket International Airport in Phuket province. (AFP)

Thailand's economy grew 2.7% in the first quarter thanks to a steady tourism recovery and strong consumer confidence that offset sluggish exports, officials said Monday.

The reading came a day after the country went to the polls and declared little faith in the economic management of incumbent Prime Minister Prayut Chan-o-cha, rejecting almost a decade of military-backed rule.

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