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Thailand: Economic engines ‘not as strong as before’

Thailand’s economic engines may not be as strong as before and the important tourism sector may take longer to normalise, its central bank governor said on Thursday. Factors that will be key to future growth are the digital economy and sustainability, Bank of Thailand governor Sethaput Suthiwartnarueput told a business seminar, discussing the post-pandemic economy. […]

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Sri Mulyani Says Indonesia’s Economy Recovering as Expected

TEMPO.CO, Jakarta – Finance Minister Sri Mulyani Indrawati said Indonesia’s state budget deficit as of September 30, 2021, reached Rp452 trillion or 2.74 percent of Gross Domestic Product (GDP). The figure plummeted by 33.7 percent compared to last year’s. “This illustrates ongoing fiscal consolidation, and indirectly means that the economic recovery is going as we expected,” said Sri at a […]

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Thailand – BoT: Recovery make take longer

Thailand’s economic engines may not be as strong as before and the country’s important tourism sector may take longer to normalise, the Bank of Thailand governor said on Thursday. Factors that will be key to future growth are the digital economy and sustainability, Sethaput Suthiwartnarueput told a business seminar on the post-pandemic economy.   Source: https://www.bangkokpost.com/business/2217587/bot-recovery-make-take-longer

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Thailand: TAT cautiously optimistic on Loy Krathong

Travel sentiment during Loy Krathong this year is expected to improve from last year, but will be quieter than the last festival to take place before the pandemic, with overall tourism spending projected at 1.4 billion baht nationwide, according to the Tourism Authority of Thailand (TAT). TAT governor Yuthasak Supasorn said 551,700 domestic trips have […]

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