Thai Economy to Struggle; S. Korea Growth to Disappoint: ANZ

The video discusses the economic challenges faced by Thailand and South Korea. Thailand is expected to have weak growth, the weakest in four years, due to various pressure points like declining exports and tourism, and issues like droughts and US trade tensions. South Korea, while more advanced, also faces economic struggles, particularly in exports and semiconductors, with no clear signs of recovery. Both countries are expected to have disappointing growth this year.

What is one of the main reasons for Thailand's weak economic growth forecast?

• Increased government spending

• Strong private investment

• Declining exports and tourism

• Improved agricultural output

Which sector in Thailand is struggling to maintain momentum?

• Manufacturing

• Technology

• Tourism

• Agriculture

What external factor is affecting Thailand's economic forecast?

• Rising oil prices

• Increased foreign investment

• Improved global market conditions

• Droughts and potential US trade issues

How does South Korea's economic growth compare to Thailand's?

• South Korea has a higher growth rate due to its advanced economy

• South Korea's growth is lower but faces different challenges

• Both countries have the same growth rate

• Thailand's growth is higher due to political stability

What is a significant challenge for South Korea's economy?

• Weakness in the semiconductor sector

• Booming semiconductor industry

• Strong export growth

• Political stability