Global and Thai economic forecast for 2020
The Thai economy will improve only slightly if the investment and export sectors recover, or it could worsen if a new political crisis affects the investment and consumption sectors.
Also, if a war develops between Iran and the United States, oil prices could spike 20 per cent from the current level.
To make matters worse, the tourism sector in Thailand and Asia may be affected by a new strain of pneumonia if this becomes as severe as the SARS epidemic 17 years ago.
The Nation Reporter
