THAI ECONOMY CAN GROW 3.3-3.4% THIS YEAR: OFFICIAL

BANGKOK: Thailand’s economy can still grow around 3.3-3.4% this year thanks to government stimulus measures, a senior finance ministry official said yesterday. Growth is expected to pick up to 4.4-4.5% next year, also driven by public infrastructure projects, Somchai Sujjapongse, the finance ministry’s permanent secretary, told reporters. The government has said it will introduce additional measures in a bid to boost year-end spending and activity. Southeast Asia’s second-largest economy expanded 2.8% last year. – Reuters