Bangkok Property Markets

BANGKOK PROPERTY MARKET Weakened domestic demand, slower export growth as well as impact from increasing oil prices and political uncertainty ate up the overall economic growth and resulted in a slowdown in the economy in 2H2000. The economy grew at 2.6% in 3Q2000 from a year earlier, lowering from 6.3% in 2Q2000 and 5.1% in 1Q2000. The restructuring of the real sector including real estate in Thailand is still in the early stages. Despite a reduction in real …

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