Mexican Media Brands
Thailand’s Economic Growth Turns Positive
Thailand's gross domestic product, which shrank 0.5% in January-March, expanded 0.4% in April-June, according to the country's Office of the National Economic and Social Development Board.
#economics
Share
Thailand's gross domestic product, which shrank 0.5% in January-March, expanded 0.4% in April-June, according to the country's Office of the National Economic and Social Development Board.
Analysts attribute the uptick to the calming effect of the military coup in May, which has fostered more confidence in the Thai economy.
Still, manufacturing output in the second quarter fell 1.6% compared with a decline of 2.7% in the previous three-month period. And sales of cars and pickup trucks during the quarter plunged 34% compared with the second quarter of 2013.
Year-on-year, the Thai economy grew 0.9% in the second quarter compared with a contraction of 1.9% in the previous quarter, according to the government office.
RELATED CONTENT
-
On Lincoln-Shinola, Euro EV Sales, Engineered Carbon, and more
On a Lincoln-Shinola concept, Euro EV sales, engineered carbon for fuel cells, a thermal sensor for ADAS, battery analytics, and measuring vehicle performance in use with big data
-
What Suppliers Need to Know Right Now
This is a time of reckoning for the auto industry, says Paul Eichenberg. He has some recommendations as to how companies can make their way through it.
-
Enterprise Edges into Self-Driving Car Market
U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.