Thai export growth seen slowing in second half
Afp, Bangkok
Growth in Thai exports is expected to slow during the second half of the year, restrained by a stronger baht, high oil prices, and delays in signing free trade deals, a leading think-tank said Tuesday. Exports are expected to grow by 9.8 percent in the last six months of the year, significantly slower than the 17.3 percent growth recorded from January to March, the Center of International Trade Studies said. That would bring growth for the entire year to 13 percent, it added. The government had set a target of 17 percent. The center's director Aat Pisanwanich blamed the stronger baht currency and high oil prices for holding back export growth, which he put at 7.5 percent in the third quarter and 12.4 percent in the fourth.
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