Thailand's GDP declined a larger-than-expected 9% in Q4, after climbing a revised 3.7% in the...

|About: Thai Capital Fund (TF-OLD)|By:, SA News Editor
Thailand's GDP declined a larger-than-expected 9% in Q4, after climbing a revised 3.7% in the previous quarter. Economists had expected a 5% drop in Q4 after the worst floods in nearly 70 years disrupted output by manufacturers, and see room for the BOT to cut rates to help drive a recovery.