BOT chief says economy continues to grow

The Governor of the Bank of Thailand (BOT), M.R. Pridiyathorn Devakula, said on Tuesday 2 November that the Thai economy had continued to expand satisfactorily despite the downward revision of economic growth estimate.

M.R. Pridiyathorn conceded that the business confidence index had declined for the two consecutive months.

However, the index remained higher than that of last year, he noted.

He said the overall Thai economy was still promising, given a surge in exports, a surplus of US$5 billio