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Search Result for “foreign arrivals”

Showing 1 - 10 of 18

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BUSINESS

Reopening hinges on jab strategies

Business, Pathom Sangwongwanich, Published on 09/03/2021

» Vaccination will have a profound impact on Thailand's tourism industry recovery and reopening strategy this year, with 2 million foreign tourist arrivals expected at this juncture, says Kasikorn Research Center (K-Research).

BUSINESS

Ambiguous growth drivers cloud outlook

Business, Pathom Sangwongwanich, Published on 19/02/2021

» Thailand's economic outlook in the post-Covid-19 period remains vague because of ambiguous growth drivers, with tourism's contribution to GDP unlikely to reach 30% as planned, says a veteran economist.

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BUSINESS

MPC wary of tourist dearth

Business, Pathom Sangwongwanich, Published on 18/02/2021

» The 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.

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BUSINESS

MPC: Growth may fall below forecast

Business, Pathom Sangwongwanich, Published on 07/01/2021

» Thailand's GDP growth this year could drop below the 3.2% baseline projection from plausible lower inbound arrivals amid uncertainties over vaccine efficacy and reduced fiscal stimulus, says the Monetary Policy Committee's (MPC) latest edited minutes.

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THAILAND

Virus, fragile labour market threaten economy in 2021: BoT

News, Pathom Sangwongwanich, Published on 31/12/2020

» The global Covid-19 pandemic, combined with a fragile labour market, pose as pertaining risks for the economic recovery in 2021, says the Bank of Thailand.

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BUSINESS

Fitch warns of steep path without tourists

Business, Pathom Sangwongwanich, Published on 08/10/2020

» Thailand's economy will face a daunting recovery trajectory if tourism does not improve, as economic growth is tied directly and indirectly to foreign tourist arrivals, says Fitch Ratings.

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BUSINESS

Rupee ripples

Asia focus, Pathom Sangwongwanich, Published on 05/12/2016

» Taking high-value banknotes out of circulation to curb corruption and counterfeiting might seem like a worthy idea, but India's experience has shown that good intentions need to be backed with credible planning.

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BUSINESS

In China's shadow

Asia focus, Pathom Sangwongwanich, Published on 10/10/2016

» Home to 1.3 billion people spread across a land area of 9.6 million square kilometres, China is a force to be reckoned with. "When China sneezes, the world catches a cold" sums up the profound impact the world's second largest economy now has on global affairs.

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BUSINESS

Economists upbeat on Q2 growth

Business, Pathom Sangwongwanich, Published on 15/08/2016

» Economic growth in the second quarter is expected to outpace the recent 3.4% forecast by Finance Minister Apisak Tantivorawong, say economists.

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BUSINESS

MPC maintains policy interest rate at year's final meeting

Business, Pathom Sangwongwanich, Published on 17/12/2015

» The Bank of Thailand's Monetary Policy Committee (MPC) on Wednesday kept its policy interest rate unchanged as expected, seeing brighter prospects for upside risks to this year's economic growth.