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Thailand's government expects a drop
country's of 3.7% in this quarter as nation has experienced the most terrible
flooding in 70 years. National Economic and Social Development Board have
revised the estimate of 2011 growth rate from 4% to 1.5% while Bank of Thailand
is planning to cut borrowing rates to stimulate growth. Floods in Thailand
destroyed thousands of industrial plants and disturbed supplies for some of the
world's biggest producers.