-June period from a year earlier, the National Economic and Social Development Council( NESDC) said

-June period from a year earlier, the National Economic and Social Development Council( NESDC) said

BANGKOK: Thailand’s economy contracted less than expected in the third quarter as businesses started a slow recovery from the coronavirus-driven slump in activity, while the reopening of the tourism sector raised hopes of a steady revival. The government upgraded its economic growth outlook to 1.2% this year, compared with a previous forecast of a 0.7% to 1.2% expansion, and projected 3.5% to 4.5% growth in 2022, thanks to an easing of Covid-19 curbs and a reopening to overseas travellers to reb