October 2005
Asia Monitor: South East Asia Monitor Volume 1;Oct2005, Vol. 16 Issue 10, p2
Country Report
Country Report
The article presents information on the political and economic conditions in Thailand. Suspected Islamic militants have launched three separate attacks in late August 2005 in southern Thailand, killing three people, in the latest violence to hit the area. Thailand recorded better-than-expected economic growth in the second quarter of 2005, as the economy expanded by 4.4% year-on-year, compared with growth of 3.3% in the first quarter. Growth in the second quarter was propelled by a revival in tourism, strong domestic demand and robust growth in investment, which helped offset a sharp slump in net exports. Japan and Thailand have reached a basic agreement on a free-trade deal, with only a few technical issues still left to be agreed to.


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