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Exports plunged again in October as the returning waves of the COVID-19 outbreak undermined global economic conditions
Thai GDP contracts less than anticipated in Q3/20 following faster-than-expected recovery in private and government spendings.
The Impact of COVID-19 on Zombie Firms and Implications for the Thai Corporate Sector. The share of firms with prolonged debt-serving limitations due to low profitability, or so-called “zombie firms”, has continued to increase over the past 10 years, posing concerns for productivity and investment within Thai corporate sector.
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