Economy

New COVID waves delay economic recovery in Southeast Asia

Thailand GDP records fourth straight yearly contraction in Q1

MASAYUKI YUDA, Nikkei staff writer
May 17, 2021 12:09 JST
Updated on May 17, 2021 13:04 JST

BANGKOK -- The impact of the prolonged COVID-19 pandemic has delayed economic recovery in Southeast Asia, as Thailand became the fourth in six major regional economies to lodge a yearly economic contraction during the first three months of 2021.

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