Recently Released Market Study: Thailand Freight Transport Report Q2 2014
Thailand's political stalemate has had a devastating impact on economic growth, and with no signs of a possible resolution in the near term, we expect economic activity to remain depressed in H114. Latest data published by the Bank of Thailand (BoT) showed that the Thai economy expanded by 0.6% year-on-year in Q413, translating into full year growth of just 2.9% for 2013. Crucially, we highlight the sharp contraction in gross fixed capital formation (GFCF) and private consumption in Q413 (-11.3%...
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