Thailand’s tourism recovery depends on the government’s ability to distribute vaccines widely to create herd immunity, says the government think tank. Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), said the government should formulate a better vaccine distribution plan focused on using human resources to inoculate people working in the tourism […]
Read MoreThe economy is expected to expand this year more slowly than previously forecast because of a resurgence in coronavirus cases, the central bank said, singling out an uncertain recovery in tourist arrivals as a “major risk” to the medium-term outlook. The latest outbreak that began in mid-December will have less impact on the economy than […]
Read MoreThe lack of foreign tourist arrivals presents a major risk to Thailand’s medium-term economic growth outlook, with a near-term recovery dependent on the resolution of the recent outbreak and fiscal support, says the Bank of Thailand. The recovery of foreign tourist arrivals could be influenced by many factors, including a plan to reopen the country, the […]
Read MoreBANGKOK: Thailand’s economic outlook remained highly uncertain with large downside risks, so limited monetary policy room should be preserved to be used at the most effective time, minutes from the central bank’s last policy meeting showed. The public sector should implement sufficient targeted and front-loaded measures to support an economic recovery after a recent coronavirus […]
Read MoreLifestyle changes brought by Covid-19 mean Thai buyers are shifting from luxury condominiums to luxury city houses in search of better value, according to Nexus. The property consultant says its “Luxury House Grand Sale” campaign is targeting people who love city-living but at lower prices than condos in the same area. A luxury city house […]
Read MoreThailand’s economic outlook remained highly uncertain with large downside risks, so limited monetary policy room should be preserved to be used at the most effective time, minutes from the central bank’s last policy meeting showed on Wednesday. The public sector should implement sufficient targeted and front-loaded measures to support an economic recovery after a recent […]
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Thailand
