New Market Study Published: Thailand Freight Transport Report Q3 2012
BMI View: Although BMI thinks Thailand's post-2011 floods economic recovery is losing steam, we are still moderately optimistic about the outlook for the country's ports and shipping sector. We see GDP growth of 4.0% this year, followed by 4.4% in 2013, which will provide a degree of support for the industry. Admittedly, foreign trade growth will fall by half in 2012 compared to the preceding year (down from 11.6% to 5.3% in real terms). But on the plus side we...
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